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Every $10 rise in crude may add 60 bps to India's inflation: CareEdge Global

Rising crude oil prices due to West Asian tensions could significantly push up India's inflation by 55-60 basis points per $10 barrel increase in FY27. This could also widen the current account deficit and pressure the Indian rupee, though strong domestic demand and policy flexibility offer some resilience.

30 Mar 2026 3:59 pm