Moody’s Ratings cuts India’s FY27 growth forecast to 6% on higher energy costs
- Posted on April 21, 2026
- By Business News Today
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- 1 min read
Moody’s Ratings cuts India’s FY27 growth forecast to 6% on higher energy costs
Moody's has lowered India's FY27 growth forecast to 6% due to weaker private consumption and industrial activity, driven by higher energy prices from the Iran war. Elevated energy costs are expected to widen the trade deficit and increase fiscal pressures, though government infrastructure spending and strong forex reserves offer some support.
