Ind-Ra raises India FY27 growth forecast to 6.8%
pre-market1 source ↓written by the desknot a recommendation
- growth forecast
- 6.8%
- 6.7%
- per barrel
- $85
Ind-Ra has upgraded India's FY27 growth forecast to 6.8% from 6.7%, citing lower crude oil prices as a key driver. The agency's baseline crude oil price assumption is now $85 per barrel, which positively impacts GDP growth. However, risks such as El Niño, high inflation, and geopolitical tensions may hinder economic performance.
Not investment advice. For informational purposes only.