Moody's raises India fiscal 2027 GDP growth forecast to 7% on West Asia resilience
Moody's raised India's fiscal 2027 GDP growth forecast to 7% from 6% on Friday, citing resilience amid the West Asia conflict. The agency noted that elevated energy prices and El Niño-related food price pressures pose risks to inflation, consumption, and growth. This adjustment reflects optimism about India's economic stability in a challenging global environment.