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The Economic Times

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Oil prices, weak monsoon pose biggest risks to India's FY27 GDP growth, says IMF

India's economic growth faces significant risks from a widening Middle East conflict. Rising oil prices and a potentially weak monsoon pose challenges for the nation. The International Monetary Fund has slightly adjusted its growth forecasts for upcoming years. The Fund will also reassess India's national accounts quality later this year. These assessments follow concerns raised about the country's statistical methods.

21 Jul 2026 12:25 pm