India's economic growth is projected to slow significantly this fiscal year. Private investment remains weak, and higher oil prices will impact domestic demand. Economists suggest official figures may overstate the economy's true underlying strength. Companies hesitate to expand capacity due to demand uncertainty and global factors. The Reserve Bank of India faces challenges balancing growth and inflation pressures.

India's economic growth is projected to slow significantly this fiscal year. Private investment remains weak, and higher oil prices will impact domestic demand. Economists suggest…

Economists cut India's FY27 GDP growth forecast to 6.6% as an oil price shock and weak private investment weigh on growth, a Reuters poll shows.