India Defies Oil Shock, Projects 6.8%–7.1% Growth In FY27 Amid Global Turmoil

India is demonstrating remarkable resilience in the face of global turbulence, with SBI Research projecting GDP growth in the range of 6.8% to 7.1% for FY27 despite the oil shock and ongoing conflict in West Asia.The report emphasises that India is entering this phase from a position of strength, having recorded 7.6% growth in FY26, echoing its robust performance during the Russia–Ukraine crisis
India is demonstrating remarkable resilience in the face of global turbulence, with SBI Research projecting GDP growth in the range of 6.8% to 7.1% for FY27 despite the oil shock and ongoing conflict in West Asia.The report emphasises that India is entering this phase from a position of strength, having recorded 7.6% growth in FY26, echoing its robust performance during the Russia–Ukraine crisis
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