Lower oil eases India’s macro pressure

Lower oil eases India’s macro pressure

DBS Bank’s Radhika Rao said lower oil prices could lift India’s FY27 growth closer to 6.8-7% by easing pressure on inflation, the current account and the rupee. She said RBI’s non-rate measures should support capital inflows, while monsoon progress, energy security and supply-chain expansion remain important risks to watch.

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