08-June-2026
Economy News
 
India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank exec
08-Jun-2026

India's growth momentum remains strong and fears that crude price shocks will derail it are a "narrative problem, not reality," said Neelkanth Mishra, India's newly appointed Executive Director at the World Bank. In an exclusive interview with ANI, Mishra spoke on Indian economy's outlook amid West Asia tensions, he argued that India is better placed than most energy importers to absorb higher oil prices without major damage to growth. Mishra is also a member of the Prime Minister's Economic Advisory Council and is widely known for his work as an economist and market expert.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/india-can-grow-over-8-despite-oil-shocks-crude-impact-overblown-in-narrative-world-bank-executive-director-neelkanth-mishra/articleshow/131563094.cms