Higher oil prices and inflation pull down India’s GDP growth Posted on June 1, 2022 by cngpump Asia’s third-largest economy grew 4.1 percent, year-on-year, in the last quarter, NSO data showed. Annual growth for the 12 months to the end of March stood at 8.7 percent. Related posts: EOGEPL revenue rises 118 per cent to Rs 148 crore in fourth quarter Prudent to estimate GDP growth at 7.8-8 per cent at present oil price levels: CII President Exxon signals record quarterly profit from oil and gas prices OPEC share of India’s oil imports steadies after six-year slump India’s February oil imports surge as refiners boost runs to meet demand Oil stabilises after big drop on IMF growth cut India may relook inflation, growth projections, says RBI deputy governor Michael Patra Oil falls on China growth concerns even as EU weighs Russia import ban Petrol, diesel sales top pre-Covid level on price hike fears Petronet may look at building 4th LNG import terminal