4 Agencies Raise India's Economic Growth Forecast

TV9 Hindi · business

Global agencies S&P, Fitch, ADB, and OECD have raised India's GDP growth forecast for FY27 to nearly 7%. They cited strong performance in the April-June quarter and robust domestic demand. S&P and Fitch also indicated that inflationary pressures might prompt the RBI to increase the repo rate by at least 0.25%. OECD raised its estimate by 0.80% to 7.1% based on domestic demand and government policies.