NEW DELHI, May 20 -- India's economy is expected to grow 6.4% in fiscal 2026-27, slowing from an estimated 7.5% expansion in FY26, as the West Asia conflict raises energy import costs, tightens financial conditions and adds fresh uncertainty to the global economy, according to a United Nations report released Wednesday.

The forecast, published in the mid-year update of the World Economic Situation and Prospects report by the UN Department of Economic and Social Affairs (UN DESA), is in line with last month's assessment in the Economic and Social Survey of Asia and the Pacific 2026 by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP).

The Reserve Bank of India in April projected India's FY27 real GDP gr...