India Likely to Grow Around 7% This Year Despite Oil Price Concerns: Nilesh Shah

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

India is likely to grow around 7% this year as Q2 momentum remains good, despite concerns over higher oil prices and deficient rainfall, Nilesh Shah said.

India can sustain around 7% growth despite global concerns: Nilesh Shah

India is projected to experience approximately 7% economic growth this year despite higher oil prices and deficient rainfall. Nilesh Shah, a member of the Prime Minister's Economic Advisory Council, expressed optimism about the economic momentum. The rising oil prices are a key concern as they could impact inflation and economic growth. Shah highlighted the importance of managing the Unified Payments Interface costs for maintaining effective fin…