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GDP growth may slip to 6% if Indian crude basket averages $120/barrel in FY27: EY

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GDP growth may slip to 6% if Indian crude basket averages $120/barrel in FY27: EY

India's GDP growth may slip to around 6 per cent and retail inflation could rise to RBI's upper tolerance band of 6 per cent in the current fiscal, if the Indian crude basket price averages USD 120 a barrel, EY India said on Wednesday. EY India Chief Policy Advisor DK Srivastava said, although room for policy interventions is limited, policymakers…

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