Data▲ Bullish for Indian equities
World Bank raises India FY27 growth forecast to 7.1%, flags oil and El Niño risks
The brief
- The forecast rises from 6.6%; the bank sees FY28 growth at 7.2%
- The bank cited elevated external risks, including high energy prices and El Niño
- Faster growth supports domestic cyclicals, while oil and weather risks matter for energy and agriculture
- Around 75% of firms in India are still not using artificial intelligence, with AI adoption remaining uneven across the economy : World Bank
- South Asia growth holds firm, but energy shock, weather pose risks, says World Bank economist
- Asia's economic buffers too thin to keep absorbing oil shock: World Bank
- Asia’s Buffers Too Thin to Keep Absorbing Oil Shock: World Bank
- MPC may reverse last rate cut, no big hiking cycle seen: Neelkanth Mishra