The Economic Times

India's strong fundamentals to cushion oil shock, growth may slow up to 80 bps: S&P Global Ratings

India's strong economic and financial foundations are expected to absorb a sustained oil price shock, though growth could dip by 80 basis points if crude hits $130/barrel in 2026. Corporate earnings and bank asset quality might weaken, but robust balance sheets and well-capitalized banks offer significant buffers against prolonged disruptions.