Moody’s ups India’s FY27 growth estimate to 7% on broad-based momentum
Moody's Ratings has revised its growth forecast for India to 7% for the current financial year. The rating agency noted India's resilience to energy supply shocks and broad-based economic momentum. It also highlighted risks such as inflation and potential impacts from a deficient southwest monsoon. Global institutions like the Asian Development Bank and World Bank have similarly raised India's…
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Moody’s ups India’s FY27 growth estimate to 7% on broad-based momentum (opens The Hindu in a new tab)
Robust consumption, improving investment dynamics and strong macroeconomic fundamentals imply that the economy appears well positioned to sustain growth near 7% over the medium term, Moody's said
Moody’s raises India’s FY27 growth forecast to 7% on strong economic momentum (opens Times of India in a new tab)
Moody's Ratings has revised its growth forecast for India to 7% for the current financial year. The rating agency noted India's resilience to energy supply shocks and broad-based economic momentum. It also highlighted risks such as inflation and potential…