Crude at $120 poses multi-channel risk, but demand still resilient: Aurodeep Nandi

April 30, 2026

Rising Brent crude prices and a weakening rupee are raising concerns for India’s economy. Policy interventions, including controlled fuel prices and tax reductions, are currently buffering the immediate inflationary impact. However, a sustained surge in oil prices could force retail price adjustments, leading to a sharper macro impact.

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