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The forecast is lower than those of other international organisations. The World Bank has projected growth of 3.4% for FY2026-27, while the Asian Development Bank has forecast 4%.
The IMF raises India’s FY27 growth forecast to 7%, citing strong domestic demand and services, while warning of global inflation and economic risks.
Iran war-driven input cost pressures drag FY27 earnings growth forecast to 9.2% from 16.5% in February, while real estate bucks the trend