Moody’s Raises India GDP Growth Forecast to 7% for FY2026-27: What It Means for the Economy

India has received a fresh upgrade to its economic growth outlook, with Moody’s raising its forecast for the country’s real GDP growth in fiscal year 2026-27 to 7% from an earlier 6%. The revision comes as India shows resilience despite geopolitical tensions and elevated global energy risks. The upgrade also follows stronger-than-expected economic data. India’s economy grew 7.8% year-on-year in the April-June quarter of FY2026-27, supported by investment, manufacturing and services activity. However, Moody’s has also highlighted risks. Higher global energy prices, potential food inflation linked to El Niño conditions, and pressure on government finances could affect growth going forward. [...]