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Economics3h 55m ago
India's economy is likely resilient enough to withstand average crude oil prices of around $90 per barrel in FY27, but a sustained move beyond that level could begin to weigh on growth, inflation and external balances, according to a report by Avendus Wealth.
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India
Who
Avendus Wealth, Avendus
What
India's economy is likely resilient enough to withstand average crude oil prices of around $90 per barrel in FY27, but a sustained move beyond that level could begin to weigh on growth, inflation and external balances, according to a report by Avendus Wealth.
When
Sat, 13 Jun 2026 09:48:39 GMT · 3h 55m ago
Where
India ·
Why
A sustained move above $90 per barrel for crude oil prices could begin to weigh on growth, inflation and external balances for India.
The Frontline Impact
How this affects you
Elevated crude oil prices above $90 per barrel could widen India's current account deficit by about $18 billion for every $10 increase and shave 30-35 basis points off India's GDP growth rate in FY27.
Story chain
2 events in this thread- Economics3h 55m agoIndia's economy can withstand average crude oil prices of around $90 per barrel in FY27, but sustained prices above this level could impact growth, inflation, and external balances.Open article
- Currently Reading3h 55m agoIndia's economy is likely resilient enough to withstand average crude oil prices of around $90 per barrel in FY27, but a sustained move beyond that level could begin to weigh on growth, inflation and external balances, according to a report by Avendus Wealth.