India Defies Oil Shock, Projects 6.8%–7.1% Growth In FY27 Amid Global Turmoil
India is demonstrating remarkable resilience in the face of global turbulence, with SBI Research projecting GDP growth in the range of 6.8% to 7.1% for FY27 despite the oil shock and ongoing conflict in West Asia.The report emphasises that India is entering this phase from a position of strength, having recorded 7.6% growth in FY26, echoing its robust performance during the Russia–Ukraine crisis