New Delhi, May 12 -- Moody's Ratings on Tuesday cut India's economic growth forecast for 2026 by 0.8 percentage points to 6% on subdued private consumption, capital formation, and industrial activity amid higher energy costs triggered by the West Asia war.

The ratings agency also lowered its 2027 growth projection for India by 0.5 percentage points to 6%, saying a prolonged conflict and fragile ceasefire between the US and Iran could keep growth subdued.

In its Global Macro Outlook May 2026 update, Moody's said the impact of higher energy prices and disruptions in fuel and fertiliser supplies would vary across economies over the next six months, depending on their exposure and resilience.

"The global outlook remains highly uncertain am...