Emkay raises Brent crude forecast to $90/bbl, cuts GDP to 6.3%

Emkay raises Brent crude forecast to $90/bbl, cuts GDP outlook to 6.3%. The revised projection reflects concerns over inflationary pressures and global supply dynamics. Higher crude prices could widen India’s current account deficit and pressure the rupee. Rising input costs may impact corporate margins across sectors, especially Oil & Gas, Transport, and FMCG.

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