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Data● Neutral for Indian equities
India can't take growth for granted, FinMin warns as global rates rise and investors turn cautious
The brief
- India grew 7.8% in Q1 FY27; growth is projected at 7.3% next quarter
- The Finance Ministry warned that growth cannot be taken for granted as global rates rise and investors turn cautious
- Caution over growth and global rates could affect Indian equity sentiment and foreign flows
- CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3%
- Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum
- US economy picks up pace in Q2, grows 2.2%
- US core PCE inflation undershoots estimates as Q2 GDP growth is revised to 2.2%
- Beyond the 7% headline: S&P maps the forces driving India’s next growth phase