World Bank raises India FY27 growth forecast to 7.1% on resilient demand, exports
The World Bank raised India's FY27 growth forecast to 7.1%, citing resilient domestic demand and robust exports. This 50-basis-point increase follows a previous upgrade in June, reflecting strong economic activity with GDP growth of 7.8% in FY26. The bank anticipates continued growth momentum, despite risks from global oil prices and potential rainfall deficits.