Every $10 per barrel rise in crude oil prices can shave about 0.5% off India's GDP growth: SMC's Bharti

New Delhi [India], March 5 (ANI): Every USD 10 per barrel increase in global crude oil prices could reduce India's GDP growth by about 0. 5 per cent and add pressure on economic activity, inflation and currency stability, given the country's heavy reliance on imported crude, Vandana Bharti, Research Head - Commodity, SMC Global Securities, told ANI.