India TV

Moody's sharply raises India's FY27 GDP forecast to 7%, flags inflation risks from elevated oil prices

Despite trade wars and ongoing tensions from the conflict in the Middle East, the Indian economy has shown resilience. Rating agency Moody's has sharply raised India's GDP growth for the financial year 2026-27 (FY27) from 6 per cent to 7 per cent, considering India's economic stability. Moody's believes that despite Middle East shock and geopolitical tensions, India's growth rate will remain the fastest among G20 countries and equivalent economies.