Moody's raises India's FY2027 GDP growth forecast to 7%
Moody's raised its GDP growth forecast for India for fiscal 2027 to 7%, citing the economy's resilience amid the West Asia situation. The agency, however, cautioned that elevated energy prices and El Nino-related food-price pressures pose risks to inflation, consumption and growth, keeping the outlook conditional on external and weather-linked factors.
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- Moody's raised India's FY2027 GDP growth forecast to 7%.
- The upgrade cited India's resilience amid the West Asia situation.
- Risks flagged: elevated energy prices and El Nino-linked food prices.
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