Moody's increases India's economic growth forecast for 2026-27 to 7%

Through the Reader lens: Moody's has raised its GDP growth projection for India to 7% for the 2026-27 fiscal year, citing strong domestic private consumption and capital formation. The agency noted that India continues to outperform other G-20 nations despite global volatility and regional geopolitical conflicts. However, Moody's also cautioned that rising global fuel prices and inflation caused by El Nino-related food price increases could pose risks to future growth.