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Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economy
Fitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow economic activity in the September and December quarters. Rising prices will dampen consumer spending. For FY28, growth is expected to pick up to 6.7 percent. Fitch also anticipates the Reserve Bank of India will increase interest rates.
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economictimes.indiatimes.com
India’s growth faces crude and monsoon test as FY27 GDP seen moderating to 6.5%
India's economic growth is projected to slow to about 6.5 percent in fiscal year 2027. Higher costs, global tensions, and a potentially weak monsoon are key concerns. Despite…
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newsbytesapp.com
India's GDP growth may slow to 6.5% in FY27
India's GDP growth is forecasted to moderate to 6.5% in FY27, with risks from rising crude prices and a weak monsoon, though private spending and investments remain supportive.
