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...


