ICRA expects India's GDP growth to moderate to 6.5% in FY27 amid West Asia conflict

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The growth projections assume average crude oil price at USD 85/bbl in 2026-27 fiscal year. It expects India’s current account deficit (CAD) to widen sharply to 1.7 per cent of GDP in FY27 (from 1 per cent in current fiscal year).

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ICRA expects India's GDP growth to moderate to 6.5% in FY27 amid West Asia conflict

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