Business2 sources
Moody's Raises India's FY27 Growth Forecast to 7%
- Moody's Ratings revised India's FY27 growth forecast to 7%.
- The forecast is based on India's resilience to energy supply shocks and broad-based economic momentum.
- Risks highlighted include inflation and potential impacts from a deficient southwest monsoon.
- Global institutions like the Asian Development Bank and World Bank have similarly raised India's growth forecasts.
- India's investment outlook is strengthening due to accelerating credit growth and rising corporate revenues.