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VERIFIEDET Policy·positive

Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum

AI Summary
  • ·Crisil has increased India's FY27 GDP growth forecast to 7% due to robust domestic demand.
  • ·Resilient consumer spending and government investment are identified as primary drivers of this growth.
  • ·Potential challenges include inflation risks from El Nino and high energy prices, possibly leading to RBI rate hikes.
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