ICRA revises India's FY27 GDP growth estimate to 6.2%
after close1 source ↓written by the desknot a recommendation
- growth estimate
- 6.2%
- due to elevated
- 6.5%
- is projected
- 7.5%
- NSO's estimate
- 7.6%
ICRA has lowered India's FY27 GDP growth estimate to 6.2% from 6.5% due to elevated crude oil prices, now expected to average USD 95/bbl. For FY26, GDP growth is projected at 7.5%, slightly below the NSO's estimate of 7.6%. This adjustment reflects ongoing geopolitical tensions affecting oil prices and economic stability.
Not investment advice. For informational purposes only.