New Delhi, March 30 -- Rising global crude oil prices due to tensions in West Asia could push up India's inflation significantly, according to Revati Kasture, CEO of CareEdge Global IFSC Limited.

A USD 10 increase per barrel in crude oil prices could raise India's headline inflation by 55-60 basis points in FY27.

"Every USD 10 rise in average crude prices in FY27 can increase India's headline inflation by 55-60 basis points, given the higher weight of fuel in the CPI basket," Kasture told ANI in a mailed interview.

She said oil marketing companies may absorb some of the initial impact, but "sustained high prices could lead to pass-through to consumers," increasing inflation further.

India is particularly exposed because it depends hea...