India’s Resilient Fundamentals Seen Cushioning Oil Shock, Growth May Slow By 80 bps: S&P

India’s robust macroeconomic and financial sector fundamentals are expected to cushion the impact of a sustained oil price shock, according to S&P Global Ratings. The agency noted that economic growth could slow by up to 80 basis points if crude oil averages $130 per barrel in 2026.Under its stress scenario, corporate earnings before interest, tax, depreciation and amortisation (EBITDA) could
India’s robust macroeconomic and financial sector fundamentals are expected to cushion the impact of a sustained oil price shock, according to S&P Global Ratings. The agency noted that economic growth could slow by up to 80 basis points if crude oil averages $130 per barrel in 2026.Under its stress scenario, corporate earnings before interest, tax, depreciation and amortisation (EBITDA) could
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