Fuel, finance shocks already hitting global economy; India better placed but not insulated: Neelkanth Mishra

Economic Times - Oct 3, 2026

Higher fuel costs and tighter financial conditions are significantly affecting global demand and capital costs. India is comparatively better positioned than many developed markets, yet it remains vulnerable due to imported energy. The high dependence on crude oil and foreign capital poses risks for India's growth amid global economic pressures. Global bond yields have risen, increasing pressures on mortgage rates and investment costs domestically.

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