India's economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Re
The agency raised its FY27 forecast to 6.8% from 6.7% and warned that inflation, rupee weakness and El Nino could restrain growth.
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India’s GDP growth to slip to 6.8% in FY27 on high oil price, El-Nino, weak rupee
India’s economic growth is estimated to slow to 6.8 per cent in the current financial year from 7.6 per cent recorded in the previous year dragged by higher fuel and food inflation stemming from the West Asia conflict’s uncertainty, weak currency, and El-Nino impact on farm sector, India Ratings and Research (Ind-Ra) said on Tuesday.
The Economic Times
Times of IndiaIndia's economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Re
India Ratings and Research has raised its FY27 GDP growth forecast to 6.8% from 6.7%, but expects growth to slow from 7.6% in FY26 amid inflation, rupee weakness and El Nino risks.
India Ratings and Research says that the growth rate of the country's economy is slowing down. In this context, it estimated on Tuesday that India's GDP growth in the current financial year (2026-27) may be limited to 6.8 percent.
India's economic growth is expected to face some pressure in the coming months. India Ratings and Research estimates India's GDP growth to be 6.8% for the current fiscal year 2026-27.
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