From The Hindu
Center-Left Owned by Kasturi & Sons Ltd.Moody’s ups India’s FY27 growth estimate to 7% on broad-based momentum
What's behind this
Moody’s Ratings said on Wednesday that the Indian economy is expected to grow at a higher rate of 7 per cent in the current fiscal, driven by broad‑based economic momentum and resilience to energy‑supply shocks. The agency highlighted robust consumption, improving investment dynamics and strong macro‑economic fundamentals as factors that position the economy to sustain growth near 7 per cent over the medium term, but noted that near‑term risks persist, with household expenditure vulnerable to price pressures.
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left · 2 outlets
New Delhi: Moody’s Ratings on Wednesday, November 11, said the Indian economy is expected to grow at a higher rate of 7 per cent in the current fiscal, led by broad-based economic momentum and energy supply shock resilience. In its Global Macro Outlook 2027-28, Moody’s, however, said that near-term…
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center · 1 outlet
Moody’s Ratings on Wednesday said the Indian economy is expected to grow at a higher rate of 7 per cent in the current fiscal, led by broad-based economic momentum and energy supply shock resilience. In its Global Macro Outlook 2027-28, Moody’s, however, said that near-term risks to growth persist…
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right · 1 outlet
Agency cautions that possible rate hikes could delay private investment recovery amid inflation pressures and monsoon risks
RSS excerpt
Robust consumption, improving investment dynamics and strong macroeconomic fundamentals imply that the economy appears well positioned to sustain growth near 7% over the medium term, Moody's said
