Lower oil prices and easing Middle East tensions could lift India's economic growth back above 7% by reducing inflation, improving public finances, and lowering the cost of imported energy.

The MPC members had voted for a status quo in the June policy, citing resilient growth and the need to assess inflation impact while stating that the MPC would closely monitor…

RBI may raise India's growth forecast to over 7% this year, aided by easing geopolitical tensions and stable oil prices.

Easing geopolitical tensions in the Middle East may bolster India's economic prospects, with RBI's MPC member Nagesh Kumar hinting at a potential growth revision above 7%.

Lower oil prices and easing Middle East tensions could lift India's economic growth back above 7% by reducing inflation, improving public finances, and lowering the cost of…