India’s economic resilience amid rising oil prices and global tensions

The Economic Times reports that a Reserve Bank of India bulletin credits a resilient domestic economy with supporting India’s financial and external sectors despite global uncertainty and geopolitical tensions. The bulletin points to strong first-quarter GDP growth in 2026–27, moderate current account deficits, accelerating credit and deposit growth, and foreign direct investment inflows at a five-year high. It also links sharply higher crude oil prices to escalating conflicts in West Asia, raising concerns about inflation.