RMSBPL

World Bank ups India's FY27 GDP growth projections to 6.6 pc; flags Middle-East crisis uncertainty

India’s growth forecast for FY27 is now 6.6 percent, according to the World Bank. This is a slight increase from previous estimates. However, the ongoing Middle East crisis poses a risk to this projection. While GST rate cuts are expected to boost consumer demand initially, rising global energy prices could impact household incomes.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>