The 'EY Economy Watch' report for April identifies four key interlinked effects which would have a bearing on India's growth reduced exports, global slowdown, falling crude oil prices, and the impact of global excess production capacities.
Indian economy could grow at 6.5 per cent in the current fiscal as lower prices of crude oil are expected to ease inflationary pressure and support domestic growth, despite intensifying global trade tensions, EY said on Friday.
"With suitable fiscal and monetary policies, India may be able to sustain a real GDP growth at about 6.5 per cent in FY26 as also in the medium term, while maintaining a CPI inflation below 4 per cent.
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