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The Economic Times

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Moodys Ratings cuts Indias FY27 growth forecast to 6% on higher energy costs

Moody's has lowered India's FY27 growth forecast to 6% due to weaker private consumption and industrial activity, driven by higher energy prices from the Iran war. Elevated energy costs are expected to widen the trade deficit and increase fiscal pressures, though government infrastructure spending and strong forex reserves offer some support.

21 Apr 2026 5:15 pm