Axis Bank chief economist Neelkanth Mishra projects India’s real GDP to grow 7.5% in the next fiscal, driven by reforms and supportive policies. Headline inflation is expected to remain within the RBI’s comfort zone around 4%, with the central bank likely maintaining a softer monetary stance.
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India’s heavy reliance on Middle East crude and relatively low inventory buffers leave it vulnerable to prolonged supply disruptions amid escalating regional tensions. With Brent