Moody’s raises India FY27 growth forecast to 7%, flags debt, energy price risks
Xtreme News India
18-09-2026 19:30:00
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Moody’s raises India FY27 growth forecast to 7%, flags debt, energy price risks
Mumbai (Special correspondent) - percent year-on-year during the first six months of calendar year 2026, compared with 7.3 percent for the full year 2025, supported by stronger private consumption, robust capital formation and sustained strength in services, Moody’s said in its periodic review of India’s sovereign ratings.
The review, completed by a rating committee on September 10 and announced on September 18, does not constitute a rating action.
India continues to hold Moody’s Baa3 rating, with a stable outlook.
sizeable foreign-exchange reserves and strong domestic demand provide buffers, but higher energy and fertiliser import costs, softer global demand and weaker remittance inflows from the Middle East could widen the current account deficit and weigh on growth, Moody’s said.
A more substantial improvement in debt affordability, sustained revenue mobilisation and structural reforms that lift private investment and per capita incomes could create upward pressure on the rating, Moody’s said.
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