Elevated oil prices could drag India's growth to 6%, below IMF forecast of 6.5%: Gopinath

New Delhi [India], June 3 (ANI): India's economic growth, projected at 6.5 per cent by the International Monetary Fund (IMF), could slow closer to 6 per cent as elevated oil prices continue to weigh on the economy, former IMF Deputy Managing Director and Chief Economist Gita Gopinath told ANI. According to Gopinath, the impact of higher oil prices is likely to persist into next year. 'We are not going to see the price of oil come down all the way very quickly.