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S&P Global Ratings raises India FY27 growth aim to 7% from 6.6%, estimates 25 bps RBI rate hike

4 sources · first seen 08:10 23 Sept · updated 16:23 23 Sept

S&P Global Ratings has upgraded its forecast for India's real GDP growth to 7% for the FY27. Strong industrial activity, healthy consumption, and significant government investment contributed to this optimistic outlook. The Reserve Bank of India is expected to raise interest rates by 25 basis points due to rising inflation. Meanwhile, weather-related risks could affect agricultural output in the…

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11 reports · earliest 08:10
Economic TimesS&P Global Ratings raises India FY27 growth aim to 7% from 6.6%, estimates 25 bps RBI rate hike08:10MintS&P Global Ratings raises India FY27 growth forecast to 7% from 6.6%; expects RBI rate hike09:15Business StandardS&P raises India FY27 GDP growth forecast to 7%, sees 25 bps RBI rate hike09:26MintFitch raises India FY27 growth forecast to 6.9% but expects higher interest rates10:23Economic TimesFitch raises India FY27 GDP growth forecast to 6.9% from 6.4%, sees 25 bps RBI rate hike in October10:30CNBC-TV18Fitch raises India FY27 growth forecast to 6.9%, says economy resilient to West Asia shock11:36Business StandardADB raises India's FY27 GDP growth forecast to 7% on strong Q1 growth13:08Economic TimesOECD raises India's FY27 GDP growth forecast by 80 bps to 7.1%13:55Business StandardADB raises India FY27 growth forecast to 7%, cuts FY28 estimate to 7.1%14:24Business StandardOECD raises India's GDP growth forecast to 7.1% citing resilient demand15:21Economic TimesADB raised India’s FY27 growth forecast to 7%16:23