ETMarkets Smart Talk | Crude at $100 could shave up to 1% off India’s GDP growth, cautions Garima Kapoor

India faces economic challenges from rising geopolitical tensions and high crude oil prices. Experts warn of potential GDP growth reduction and inflation spikes. Investors are advised to recalibrate portfolios defensively. While risks are present, historical data suggests markets can recover post-conflict. The nation’s economic stability faces a test, but a strong starting position offers some resilience.