Moody’s sharply raises India’s FY27 GDP forecast to 7 per cent

September 18, 2026 12:48 PM

Moody’s sharply raises India’s FY27 GDP forecast to 7 per cent

Moody's Ratings on Friday sharply raised India's GDP growth forecast for current fiscal to 7 per cent, from 6 per cent earlier, saying the economy has shown resilience to global shocks amid the Middle East conflict but flagged risks to inflation from elevated oil prices and El Nino impact. In a statement issued after a periodic review of India's 'Baa3' sovereign rating, Moody's said it expects debt reduction to remain gradual and debt affordability to stay weaker, reflecting India's high debt b...

RBI projects 6.8% GDP growth for 2025-26, inflation expected at 2.6%

October 1, 2025 2:14 PM

RBI projects 6.8% GDP growth for 2025-26, inflation expected at 2.6%

The Reserve Bank of India (RBI) on Wednesday said that economic activity has remained resilient, with real GDP growth surprising on the upside at 7.8 per cent and gross value added (GVA) at 7.6 per cent in Q1 of 2025-26. High-frequency indicators suggest that domestic economic momentum is expected to continue in Q2. RBI Governor Sanjay Malhotra said that an above-normal monsoon, good progress of kharif sowing, and adequate reservoir levels are likely to support agriculture and rural demand. Buo...