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...

Fitch raises India growth forecast to 7.5% despite geopolitical tensions

March 13, 2026 10:56 PM

Fitch raises India growth forecast to 7.5% despite geopolitical tensions

India’s GDP is expected to grow 7.5 per cent in the fiscal year ending March 2026 higher than 7.4 per cent forecasted earlier, due to resilient domestic demand even as activity showed tentative slowing in January and February, a report said on Friday. Credit rating agency Fitch Ratings said domestic demand will drive the growth, with consumer spending and investment expected to expand by 8.6 per cent and 6.9 per cent, respectively, in FY26. High frequency indicators including GST collections...