The Economic Times

ICRA expects India's GDP growth to moderate to 6.5% in FY27 amid West Asia conflict

India's economic growth is projected to slow down to 6.5 percent in fiscal year 2026-27. This moderation is attributed to rising energy prices and supply concerns stemming from the West Asia conflict. The current account deficit is expected to widen. Inflationary pressures may increase, impacting consumer sentiment.