S&P Global Ratings Raises India FY27 Growth Aim to 7% From 6.6%, Estimates 25 Bps RBI Rate Hike

S&P Global raises India’s GDP forecast to 7%

Expects growth to ease in the second half of the fiscal year as tailwinds from General Sales Tax rationalisation and income tax cuts diminish

S&P Global Ratings raises India FY27 growth aim to 7% from 6.6%, estimates 25 bps RBI rate hike

S&P Global Ratings has upgraded its forecast for India's real GDP growth to 7% for the FY27. Strong industrial activity, healthy consumption, and significant government investment contributed to this optimistic outlook. The Reserve Bank of India is expected to raise interest rates by 25 basis points due to rising inflation. Meanwhile, weather-related risks could affect agricultural output in the upcoming months.

S&P Global Ratings raises India FY27 growth call to 7% from 6.6%, estimates 25 bps RBI rate hike

S&P Global Ratings has upgraded its forecast for India's real GDP growth to 7% for the FY27. Strong industrial activity, healthy consumption, and significant government investment contributed to this optimistic outlook. The Reserve Bank of India is expected to raise interest rates by 25 basis points due to rising inflation. Meanwhile, weather-related risks could affect agricultural output in the upcoming months.

S&P Global Ratings upgrades India’s FY27 growth forecast to 7% from 6.6%

Rating agency flags robust industrial activity, consumption, exports and government capex; expects RBI to raise policy rate by 25 bps during the fiscal year

S&P Global Raises India FY27 GDP Growth Forecast to 7% from 6.6%, Sees 25-Bps RBI Rate Hike

Noida, Sep 23 (APAC Media): S&P Global Ratings has raised its forecast for India’s economic growth in the financial year 2026-27 to 7 per cent from 6.6 per cent earlier, citing stronger-than-expected economic activity in the June quarter. The ratings agency said robust industrial activity, resilient consumption, higher goods exports and increased government investment supported […] The post S&P Global Raises India FY27 GDP Growth Forecast to 7% …