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India likely to grow around 7% this year despite oil, rainfall concerns: Nilesh Shah

1 source · first seen 17:23 3 Oct · updated 17:23 3 Oct

The brief

Written from 1 report · check the source before you trade
  • India is likely to grow around 7% this year, with second-quarter momentum strong
  • Higher oil prices could affect inflation, interest rates, the rupee and earnings
  • Oil-driven inflation and currency pressure could weigh on Indian companies and rate-sensitive sectors

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1 report · earliest 17:23
Business LineIndia likely to grow around 7% this year despite oil, rainfall concerns: Nilesh Shah17:23