West Asia conflict poses downside risk, India GDP growth seen at 7.1 pc in FY27: Crisil Intelligence

India’s economy faces risks from West Asia conflict affecting oil prices. Real GDP growth is expected at 7.1 percent in FY27. This growth will be supported by consumer spending and investment. Exports are also set to grow. Retail inflation may rise to 4.3 percent. The Reserve Bank of India is likely to maintain interest rates.

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