21-May-2026
Economy News
 
Ind-Ra says West Asia tensions, El Nino to drag FY27 growth to 6.7%
20-May-2026

Higher crude oil and food prices amid uncertainty arising from the West Asia conflict, along with the likely impact of an evolving El Nino on agriculture, will drag India's economic growth down to 6.7% in 2026-27, India Ratings and Research (Ind-Ra) said on Tuesday. Gross domestic product (GDP) growth for the fourth quarter of 2025-26 is projected at 6.7%. The National Statistics Office is scheduled to release the provisional GDP estimates for 2025-26 and quarterly estimates for the January-March period on June 5.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/ind-ra-says-west-asia-tensions-el-nino-to-drag-fy27-growth-to-6-7/articleshow/131210155.cms
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org