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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.