India could grow at 6.5% in FY26; falling crude prices to support growth: EY

EY forecasts India's economy could grow by 6.5% in the current fiscal year, driven by lower crude oil prices, which are expected to ease inflation and support growth despite global trade tensions. The report highlights four key factors: reduced exports, global slowdown, falling crude prices, and global excess production. EY expects crude oil prices to remain in the range of $60-65 per barrel, benefiting India.