S&P Global raises India’s FY27 growth forecast to 7%
S&P Global Ratings raised its forecast for India’s real GDP growth in FY27 to 7%, up from 6.6%.[1] The revision reflects stronger expected domestic economic activity. The agency also estimated a possible 25-basis-point hike in the Reserve Bank of India’s policy rate.[1] The forecast is relevant to India’s medium-term growth outlook. It may influence expectations regarding inflation, borrowing costs and monetary policy. The development is important for questions on economic projections and central-bank policy.
Try the question
S&P Global Ratings raised India’s FY27 real GDP growth forecast to what level?
Answer: (c) 7%
The correct answer is (c) 7%.