S&P Global Ratings raises its forecast for India’s GDP growth in FY27 to 7% in its “Economic Activity for Asia Pacific” report. The outlook also projects consumer inflation to average 5.1% in FY27, according to the accounts from the two outlets.
Both sources frame the update as part of S&P’s broader assessment of economic conditions in Asia Pacific, focusing on growth and inflation trends for India’s next fiscal year. The Business Line piece additionally indicates an expectation of a 25 basis point rate hike by the RBI, while NDTV highlights the growth and inflation projections. Together, the reports emphasize S&P’s revised macroeconomic view for FY27, with particular attention to inflation staying around the mid-5% range.
