21-May-2026
Economy News
 
ICRA lowers India's FY27 GDP growth estimate to 6.2%
20-May-2026

India's GDP is likely to grow at 6.2 per cent in FY27, down from the earlier estimate of 6.5 per cent amid elevated crude oil prices triggered by the West Asia crisis, according to rating agency ICRA. For FY26, ICRA estimates GDP growth at 7.5 per cent, marginally lower than the National Statistical Office's (NSO) Second Advance Estimate (SAE) of 7.6 per cent for the fiscal.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/icra-lowers-indias-fy27-gdp-growth-estimate-to-6-2/articleshow/131196396.cms