Icra lowers India's FY27 GDP growth forecast to 6.2%
after close1 source ↓written by the desknot a recommendation
- forecast
- 6.2%
- due to rising
- 6.5%
Icra Limited has revised India's FY2027 GDP growth forecast down to 6.2% from 6.5% due to rising oil prices and geopolitical tensions in West Asia. The agency expects crude oil prices to average USD 95 per barrel, impacting economic conditions. The mixed trends in economic activity highlight potential volatility for traders.
Not investment advice. For informational purposes only.