04-April-2026
Economy News
 
India's GDP may come down to 6.5% in FY27, if crude remains at USD 100: CareEdge
03-Apr-2026

India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a report by CareEdge Ratings. The report highlighted that if crude oil prices average around USD 100 per barrel, India's GDP growth for FY27 could decline to 6.5 per cent. At the same time, inflation is expected to rise above 5 per cent, reflecting the impact of higher energy costs on the economy.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/indias-gdp-may-come-down-to-6-5-in-fy27-if-crude-remains-at-usd-100-careedge/articleshow/129973749.cms