India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&P
- Posted on June 24, 2026
- By Business News Today
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India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&P
India's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attributed to energy market pressures, a potentially weak monsoon, and a global economic deceleration. Higher energy and fertilizer costs are expected to fuel inflation, potentially leading to a policy rate hike in the latter half of the fiscal year.
