India's economy stays resilient as Iran war nudges energy bills
India's economy stays resilient as Iran war nudges energy bills
India's growth remains robust amid Middle East tensions, with energy prices rising and consumer confidence dipping slightly.
India's economy has shown resilience in the face of the Middle East crisis, with household spending largely holding up even as energy prices rise. Consumers are slightly less confident, signaling caution but not eroding overall demand.
Manufacturing faces some impact, while the services sector remains robust and continues to drive overall growth.
Growth for Q4 FY26 is projected to remain strong, with limited downside risks as domestic demand and services activity keep momentum going.
Looking ahead, the balance of risks will hinge on energy price movements and global demand, but the current trajectory suggests India's economy can weather the turbulence and households can navigate higher bills without major strain.
