Economy
Moody's raises India fiscal 2027 GDP growth forecast to 7%
The Hindu1h
THE BRIEF
1
Moody's Ratings raised India's real GDP growth forecast for fiscal 2026-27 to 7 percent from 6 percent, citing resilience to global shocks amid the West Asia conflict.
2
India's real GDP growth accelerated to 8.2 percent year on year in the first six months of calendar year 2026, supported by private consumption and public infrastructure spending.
3
The agency warned that elevated energy prices and El Niño-related food price pressures pose risks to inflation, private consumption, and the current account deficit.