S&P raises India growth forecast to 7 percent for fiscal year

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Standard and Poor's Global increased India's real GDP growth projection for the 2026-27 fiscal year from 6.6% to 7%.
The upgrade follows strong economic performance in the June quarter driven by industrial activity and domestic consumption.
The agency warned that growth might slow in the second half of the fiscal year due to inflationary risks and weather conditions.
India remains a significant growth engine in the Asia-Pacific region compared to other major economies.

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