The Economic Times

India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&P

India's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attributed to energy market pressures, a potentially weak monsoon, and a global economic deceleration. Higher energy and fertilizer costs are expected to fuel inflation, potentially leading to a policy rate hike in the latter half of the fiscal year.