Moody’s raises India’s FY27 growth forecast to 7% on strong economic momentum

Moody's Ratings has revised its growth forecast for India to 7% for the current financial year. The rating agency noted India's resilience to energy supply shocks and broad-based economic momentum. It also highlighted risks such as inflation and potential impacts from a deficient southwest monsoon. Global institutions like the Asian Development Bank and World Bank have similarly raised India's growth...