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World Bank raises India’s FY27 growth forecast to 7.1%

The Economic Times reports the forecast rose from 6.6%, with the World Bank citing robust domestic demand and strong exports.

Economic TimesET
1 Source, 1h ago, first seen 1h ago

TLDR

The Economic Times reports that the World Bank raised its India growth forecast for FY27 from 6.6% to 7.1%, citing robust domestic demand and strong exports. The bank expects growth to moderate in the second half of FY27 before recovering over the medium term. It flagged higher global oil prices and El Niño-related disruptions as risks.

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Economic Times@EconomicTimesWorld Bank bumps up FY27 India growth outlook to 7.1% https://economictimes.indiatimes.com/news/economy/indicators/world-bank-bumps-up-fy27-india-growth-outlook-to-7-1/articleshow/134749580.cms1h
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    Economic Times@EconomicTimesWorld Bank bumps up FY27 India growth outlook to 7.1% https://economictimes.indiatimes.com/news/economy/indicators/world-bank-bumps-up-fy27-india-growth-outlook-to-7-1/articleshow/134749580.cms1h
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