Elevated oil prices may slow India's growth to 6%, warns Gita Gopinath

oil prices economic growth India

En resumen

Former IMF official Gita Gopinath predicts India's economic growth could slow to 6% due to elevated oil prices and prolonged West Asian tensions.
She advises supply-side reforms and renewable energy to boost investment and India's global supply chain role.

Resumen generado por IA

Tamaño de fuente

Former IMF official Gita Gopinath predicts India's economic growth could slow to 6% due to elevated oil prices and prolonged West Asian tensions. She advises supply-side reforms and renewable energy to boost investment and India's global supply chain role.

Read the full article on Economic Times

Temas relacionados

oil prices

Temaseconomic growth India Gita Gopinath IMF West Asia tensions renewable energy

This article was originally published by Economic Times.

Noticias relacionadas

Más sobre este temaoil prices

En desarrollo·hace 13 horas

Trump administration imposes 10% Section 301 tariff on India as temporary duties expire

The Trump administration has replaced temporary Section 122 duties with new Section 301 tariffs, setting India’s rate at 10%. Officials and trade experts say the move may affect large shares of Indian exports but could still leave India relatively competitive versus some peers.

Times of India

4 min de lectura

Business·hace 21 horas

Verizon Seals Over $1 Billion Dark Fiber Deal with Google, Raises Profit Forecast

Verizon secures a >$1B deal with Google for dark fiber connectivity to its data centers, boosting its annual adjusted profit forecast and shares by 3%, with additional multi-billion dollar contracts anticipated by year-end under new CEO Dan Schulman.

Economic Times

1 min de lectura

Business·ayer

US Business Activity Sees 8-Month High in July Despite Manufacturing Slowdown

US business activity grew at its fastest pace in 8 months in July, driven by strong service sector demand, despite manufacturing declines and rising costs.

Economic Times

1 min de lectura

Business·ayer

India's Ecommerce Export Reforms Aim to Transform Small-Town MSMEs into Global Exporters

India's latest ecommerce export reforms enable foreign-funded platforms like Amazon and Flipkart to operate inventory-based export models, potentially transforming thousands of small-town MSMEs into global exporters, broadening India's export base.

Economic Times

7 min de lectura

Business·ayer

Sergey Brin's Superyacht Dragonfly Features Dedicated Business Deck

Google co-founder Sergey Brin's 466-foot superyacht, Dragonfly, delivered in 2024, features an entire deck dedicated to business, including a private office and helicopter hangar. This design reflects Brin's hands-on work philosophy, particularly his renewed focus on Google's AI efforts, turning the vessel into a floating headquarters.

TOI World

4 min de lectura

En desarrollo·ayer

India's Energy Supply Challenges Intensify Amid Red Sea and Hormuz Strait Disruptions

India's energy supply faces intensified challenges as the Bab al-Mandeb Strait closes and disruptions persist in the Strait of Hormuz. Three Saudi oil tankers rerouted in the Red Sea due to Houthi blockade, raising global supply concerns, though non-Saudi tankers to India are unaffected. India is sourcing oil from alternative locations like Fujairah.

Economic Times

1 min de lectura

Más sobre este temaoil prices