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The Economic Times

Global Business / The Economic Times

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India growth outlook dims as oil tops $100, gas crisis deepens

A distant war is impacting India's economy. Soaring oil prices and gas shortages are affecting homes and businesses. This energy crisis threatens economic growth and raises inflation concerns. Industries are halting operations. The situation is creating strain for everyday citizens and impacting employment. The external sector faces significant risks as well.

17 Mar 2026 1:56 pm