Icra projected GDP growth at 6.5% in FY27, assuming average crude price remains in excess of $85 a barrel this year, while Care Ratings projected a similar growth on higher average fuel-price assumptions-at $100 per barrel.
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India Inc credit outlook stable but cautious for FY27 amid West Asia risks
Stress assessments indicate that a majority of sectors may see limited direct impact from the West Asia conflict, supported by strong balance sheets and low leverage levels. However, pockets of vulnerability remain.
Iran war is dimming outlook for many economies, IMF says
IRAN-CRISIS-Iran war is dimming outlook for many economies, IMF says
Industrial production rises to 5.2% in February, led by manufacturing
The Index of Industrial Production (IIP) had expanded 2.7% in February 2025.
India's April-February fiscal deficit at Rs 12.53 lakh crore, narrows on-year to 80.4% of FY26 aim
Total receipts up to February stood at Rs 27.92 lakh crore, while total expenditure was Rs 40.45 lakh crore. Receipts and expenditure amounted to 82.0% and 81.5% of the full-year revised estimates, respectively.
ICRA expects India's GDP growth to moderate to 6.5% in FY27 amid West Asia conflict
The growth projections assume average crude oil price at USD 85/bbl in 2026-27 fiscal year. It expects India’s current account deficit (CAD) to widen sharply to 1.7 per cent of GDP in FY27 (from 1 per cent in current fiscal … Read More