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India GDP growth may slow to 6% if crude hits $120

30 Apr 2026 · 16:07 ISTafter close1 source ↓written by the desknot a recommendation

and retail inflation: 6%
per barrel: $120

India's GDP growth could decline to 6% and retail inflation may rise to 6% if crude prices average $120 per barrel, according to EY India. Policymakers face limited options for intervention, suggesting potential repo rate hikes and increased diversification of crude sources to mitigate impacts. 📉⚡

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OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 30 Apr 2026, 16:07 IST.

Sourcesnews.google.com

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India GDP growth may slow to 6% if crude hits $120

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