New Delhi, April 6 -- Moody's Ratings has lowered Indias economic growth projection for FY2026 27 to 6 per cent from 6.8 per cent earlier, citing the adverse impact of ongoing geopolitical tensions in West Asia. The agency said the conflict is likely to dampen private consumption, industrial activity, and investment momentum.
This aligns with recent estimates by other global and domestic agencies, including the Organisation for Economic Co-operation and Development and ICRA, which have also flagged a moderation in growth outlook.
Inflation Risks Rise
In its credit opinion report on India, Moody's warned that disruptions, particularly in LPG supplies, could lead to household shortages, higher fuel and transport costs, and spillover eff...