GDP growth seen down on year at 6.6%, inflation up at 5.1% due to West Asia crisis: CRISIL Chief Economist
New Delhi, May 6 -- India's GDP growth is projected at 6.6 per cent in FY26-27, lower than last year's 7.6 per cent, while inflation is expected to rise to 5.1 per cent from 4 per cent earlier, Dharmakirti Joshi, Chief Economist at CRISIL, told ANI today, attributing the moderation in growth and rise in inflation to the ongoing West Asia crisis.
"I think the GDP growth is moving down and inflation is moving up, and that is because of the West Asia crisis," Joshi, said, adding that "We see GDP growth at 6.6 per cent, we see inflation rising to 5.1 per cent, current account deficit moving from 0.8 per cent of GDP last year to 2.2 per cent, and bond yields around 7 per cent by the year-end."
He was speaking on the sidelines of an event hel...
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