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ADB cuts India FY27 growth forecast to 6.6% on higher energy costs
The Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher oil prices and transportation costs are impacting consumer sentiment and private demand. The ADB retained its FY28 growth forecast at 7.3 percent, expecting policy support. South Asia's growth projection for 2026 was also lowered by 0.3 percentage points. India's FY26 inflation forecast was raised to 5.2 percent due to oil and food prices.
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economictimes.indiatimes.com
IMF sees India among fastest-growing major economies despite trimming FY27 GDP growth projection to 6.4%
India's economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service sectors. Although global growth is…
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IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economy
