Moody’s lifts India FY27 growth forecast to 7%
In short
Moody’s raised India’s FY27 growth forecast to 7% on Wednesday.
It cited broad-based momentum and resilience to energy shocks, but warned that inflation and weak weather could still hurt growth.
What the reporting says
Moody’s Ratings on Wednesday raised India’s FY27 growth forecast to 7% in its Global Macro Outlook 2027-28. The agency cited broad-based economic momentum and resilience to energy supply shocks, while warning that household consumption remains vulnerable to intensifying price pressures. Moody’s also flagged risks from a deficient southwest monsoon and strengthening El Nino conditions, which could weigh on agriculture and keep inflation close to the RBI’s target ceiling.
Why it matters
Moody’s Ratings raised India’s FY27 growth forecast to 7% in its Global Macro Outlook 2027-28. The agency linked the higher view to broad-based economic momentum and resilience to energy supply shocks. It also warned that household consumption could be hit by price pressures, while a weak southwest monsoon and stronger El Nino conditions may weigh on agriculture and keep inflation near the top of the RBI range.