India's GDP growth may drop to 6% with $120 crude
after close1 source ↓written by the desknot a recommendation
- and retail inflation
- 6%
- in FY27
- $120 per barrel
India's GDP growth could decline to 6% and retail inflation may rise to 6% if the Indian crude basket averages $120 per barrel in FY27, according to EY India. Policymakers face limited options for intervention, suggesting a potential repo rate increase and a need for diversified crude supply sources to mitigate impacts. 📉
Not investment advice. For informational purposes only.