Ongoing Middle East Conflict To Discourage Investment Into India, Offset Trade Deal Positives: BMI
NDTV
Fitch's BMI has warned that escalating Middle East tensions could dampen investment in India and shave up to 0.5 percentage points off GDP if the Strait of Hormuz is fully closed, though it retained a 7% FY27 growth forecast.
Map showing the Strait of Hormuz
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