India's economy stayed resilient amid global turmoil in April 2026, but rising wholesale inflation, a weakening rupee, and other factors are emerging threats to growth and price stability, according t ...
India's 40 per cent of crude imports, 65 per cent of natural gas and 90 per cent LPG supplies, that came from countries in the Gulf region, was disrupted due to the three-month long conflict.
EV penetration in the Indian passenger vehicle market, currently around 5-6%, could rise to 8-10% this year if supply constraints ease, says the company.
This report proposes a strategic pivot -- replacing blunt subsidy-led interventions with a three-pillar framework of structural tax moderation and defensive trade alignment.
While wholesale inflation is expected to reflect the pressure first, Crisil cautioned that the impact may gradually reach household budgets as companies begin passing on higher costs to consumers.