New Delhi, March 11 -- India's real gross domestic product (GDP) growth is expected to moderate to 7.1 per cent in fiscal 2027 from 7.6 per cent in the previous year, according to a report by Crisil Intelligence.
The growth forecast, presented at the 10th India Outlook Conclave, remains healthy despite a choppy global environment characterised by geopolitical uncertainties and rising protectionism. Domestic demand serves as the primary engine for this expansion, supported by robust consumption and a broadening private capital expenditure cycle.
The economic outlook rests on four key assumptions: a normal monsoon, benign food inflation despite
a low-base effect, Brent crude prices ranging between USD 75-80 per barrel, and steady global ...
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