Morgan Stanley has raised its India FY27 GDP growth forecast to 6.7% from 6.2%, even as it flags uncertainty tied to the ongoing West Asia crisis. The revision also reflects updated assumptions, including average crude oil prices of about $95 per barrel in FY27, underscoring how energy costs could shape India’s next-year momentum.
HSBC expects India’s growth to cool to 6% in FY27, citing an energy crisis and insufficient rainfall. The same pressures are forecast to lift inflation, putting the Reserve Bank under pressure. HSBC says the RBI could raise rates twice this fiscal year, with the impact expected to hit the formal sector, rural households, and small businesses hardest.
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Former NITI Aayog CEO Amitabh Kant says India’s 6.6% GDP growth stands out as global economies grapple with turmoil. He credits structural reforms and infrastructure for the momentum, while pointing to faster renewable energy adoption. Kant also stresses the push for self-reliance in semiconductors and other critical technologies to strengthen long-term resilience.
India’s growth outlook is at risk as a prolonged West Asia crisis could push GDP growth below 6.5 per cent, CII President Rajiv Memani cautioned. He pointed to oil prices staying elevated beyond USD 100 per barrel as a key drag on economic activity, while interest rates are unlikely to ease quickly. CII also called for targeted support for MSMEs.
India’s Finance Ministry says the FY2026-27 GDP growth forecast of 7–7.4% is clouded by uncertainty in the broader macroeconomic environment, driven by the ongoing West Asia conflict and the outlook for monsoon conditions. The ministry warns risks could affect growth momentum as India begins the new fiscal year, with outcomes dependent on evolving external and weather-linked factors.
County Group has acquired two stalled housing projects in Gurgaon, offering relief to nearly 400 homebuyers who have waited for more than a decade. The deal adds about 2.6 million sq ft of saleable area to its portfolio. The company is also expanding through land purchases in Noida and Ghaziabad for new developments.
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