Global agencies raise India FY27 growth forecasts after strong Q1

Global agencies raise India FY27 growth forecasts after strong Q1

Four major global forecasters upgraded India's FY27 growth projections on September 23, citing stronger-than-expected investment, consumption and exports. The OECD raised its forecast to 7.1 percent, Fitch to 6.9 percent, and S&P and the ADB to 7 percent each, following Moody's one-percentage-point increase last week. The revisions came after India's GDP grew 7.8 percent year-on-year in the June quarter.

Source: Moneycontrol

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