India’s economy faces a slowdown to 6.3% in fiscal 2027. Higher energy costs from the Middle East conflict will impact investment and exports. Despite this, India remains a top global growth engine. Private consumption and investment are expected to moderate. Inflation will rise before easing. Global growth also slows.
US stocks today: Dow Jones drops over 500 points as Middle East tensions escalate
Wall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech stocks led declines, though