Ind-Ra raises India’s FY27 GDP growth estimate to 6.8%
India Ratings and Research (Ind-Ra) raised its FY27 GDP growth estimate to 6.8%, up from 6.7% in May. This revision follows the Reserve Bank of India's adjustment to 6.7% growth, reflecting domestic economic resilience. However, risks like geopolitical tensions, high inflation, and weak capital expenditure could impact growth, with oil prices expected to average $85 per barrel.