Moody’s raises India’s growth forecast to 7%
· 50-word read
In 50 words
Moody’s raised its forecast for India’s economic growth to 7% from 6.5% for the fiscal year ending March 2027. The ratings agency cited strong consumer demand, improving investment and India’s ability to diversify oil and gas supplies. India’s economy grew 7.8% year on year in the April–June quarter of 2026.
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Why it matters
The upgrade points to stronger demand in Asia’s third-largest economy, a market for global exporters and investors.
What's next
October inflation data is due on 12 November. Moody’s flagged rising prices and a weak monsoon as risks to growth.
Key dates
- April–June 2026 — India records 7.8% growth.
- 11 November 2026 — Moody’s raises its forecast.
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Sources
- reuters.comRead the original article →
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