India
$100 crude is an irritant, not a deal-breaker for India: Harsh Gupta Madhusudan
While higher oil could pressure earnings and the rupee, he argues that the impact may be less severe than feared, with India’s growth backdrop, valuations and external balances providing a buffer even as global yields and geopolitical risks remain elevated.
$100 crude is an irritant, not a deal-breaker for India: Harsh Gupta Madhusudan
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What Happened
While higher oil could pressure earnings and the rupee, he argues that the impact may be less severe than feared, with India’s growth backdrop, valuations and external balances providing a buffer even as global yields and geopolitical risks remain elevated.
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Original reporting provided by Economic Times Markets.
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