ICRA has lowered India’s FY27 GDP growth forecast to 6.2 per cent from 6.5 per cent, citing elevated crude oil prices, slowing exports and disruptions linked to the ongoing West Asia crisis. The agency also expects Q4 FY26 growth to moderate

The BJP on Tuesday defended the latest petrol and diesel price hike, saying India’s increase remains among the lowest globally outside Gulf economies despite rising crude prices and disruptions in the Strait of Hormuz due to the West Asia conflict