World Bank boosts India’s FY27 growth forecast to 7.1% amid inflation and oil risks

6 October 2026 Business

The World Bank raised India’s growth forecast to 7.1% for 2026-27, citing strong domestic consumption.
This upgrade follows similar positive economic revisions from rating agencies Moody’s and S&P Global Ratings.
However, the bank warned that rising global oil prices and El Niño could threaten growth.
It urged India to accelerate AI adoption to sustain long-term economic momentum in coming years.

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