India's FY27 growth forecast cut to 6.6% as Iran war tightens fiscal space: S&P Global
- Posted on May 6, 2026
- By Business News Today
- 0 Views
- 1 min read
India's FY27 growth forecast cut to 6.6% as Iran war tightens fiscal space: S&P Global
India's economic growth faces challenges due to the Iran war. S&P Global Market Intelligence has lowered India's FY27 growth forecast. Geopolitical tensions are impacting fiscal space and capital expenditure. Infrastructure spending, a key growth driver, may be constrained. India's debt-to-GDP ratio is projected to rise. Despite these near-term risks, structural drivers like services, manufacturing, and AI support medium-term growth.
