India growth seen slowing to 6.6% in FY27, says Fitch Group company BMI
India's economic growth is expected to slow down to 6.6% in the next fiscal year, according to a forecast by Fitch Group's BMI. This slowdown is attributed to the fading impact of last year's GST reforms and rising inflation, which is projected to be 5.4% and could reduce household incomes. The slower growth rate may have implications for India's trade and economy, as it could affect consumer spending and business investment.
Read the source report: Economic Times
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