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New Delhi, Nov 11 (UNI) Moody's Ratings has revised India's growth outlook saying the economy is lik
Published: 11/11/26 13:54
New Delhi | India
New Delhi, Nov 11 (UNI) Moody's Ratings has revised India's growth outlook saying the economy is likely to grow at a higher rate of 7 per cent in the current fiscal. It said the growth is led by broad-based economic momentum and energy supply shock resilience. In its Global Macro Outlook 2027-28, Moody's said that near-term risks to growth persist as household consumption remains vulnerable to "intensifying and broadening price pressures". Headline inflation will be close to the upper end of the Reserve Bank of India's (RBI) 2-6 per cent target range, while a deficient southwest monsoon and strengthening El…