S&P Global Ratings raises India's FY27 growth forecast to 7.1%,flags risks from energy shocks
Elevated oil prices could strain fiscal positions and dampen demand, though a services trade surplus may limit the current account deficit. S&P anticipates a potential 25 bps rate hike if inflation persists.
Elevated oil prices could strain fiscal positions and dampen demand, though a services trade surplus may limit the current account deficit. S&P anticipates a potential 25 bps rate hike if inflation persists.
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