Moody's raises India's FY27 growth forecast to 7%
New Delhi, Nov. 11 -- New Delhi: Moody's Ratings has raised its 2026-27 growth forecast for India's economy to 7% from 6.5%, citing resilient consumption, improving investment dynamics and the economy's ability to withstand the global energy shock.
The rating agency expects the country to sustain growth close to 7% over the medium term, with a potential private investment boom offering scope for even faster expansion.
The upward revision follows a similar move by the World Bank, which in October raised its FY27 growth forecast for India to 7.1% from 6.6%.
In its Global Macro Outlook 2027-28, released on 11 November, the global rating agency said India's strong macroeconomic fundamentals and domestic demand have helped the economy remai...
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