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ADB cuts India FY27 growth forecast to 6.6% on higher oil prices
The Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher crude oil prices and transportation costs will impact consumer sentiment and demand. The bank retained its FY28 growth forecast at 7.3 percent, expecting global conditions to improve. Inflation forecast for FY27 is raised to 5.2 percent due to oil and food prices. Policy measures and public capital expenditure will support India's economic momentum.
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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
