The World Bank has raised India’s FY27 GDP growth estimate to 6.6 per cent—up by 30 bps from its earlier estimate.
Investment growth is likely to moderate amid higher uncertainty and rising input costs, it said.
The GST rate reduction should continue to back consumer demand in H1 FY27, but higher global energy prices may put upward pressure on prices and constrain households’ disposable income, it said.
Investment growth is likely to moderate amid higher uncertainty and rising input costs, it said.
The GST rate reduction should continue to back consumer demand in H1 FY27, but higher global energy prices may put upward pressure on prices and constrain households’ disposable income, it said.