India's GDP growth may drop to 6.5% by FY27
pre-market1 source ↓written by the desknot a recommendation
- in FY27
- 6.5%
- oil prices average
- $100 per barrel
- due to higher
- 5%
- with crude prices
- 7.2%
- per barrel
- $60-70
India’s GDP growth could decline to 6.5% in FY27 if crude oil prices average $100 per barrel, according to CareEdge Ratings. Inflation is expected to rise above 5% due to higher energy costs, reflecting the economic impact of the ongoing West Asia conflict. Under normal conditions, growth was projected at 7.2% with crude prices at $60-70 per barrel.
Not investment advice. For informational purposes only.