The investment bank has also scaled down the GDP forecast for FY25 to 6%, below the consensus of 6.9% for the fiscal year and the Reserve Bank of India’s forecast of 7.2% made in its October policy review.
Oil hits five-month high after US hits key Iranian nuclear sites
Oil prices surged to a multi-month high after the U.S. joined Israel in strikes against Iran’s nuclear facilities, escalating Middle East tensions. Concerns are mounting