Middle East conflict clouds India's FY27 GDP forecast of 7-7.4%: Govt
🟡 NeutralFibre2Fashion2026-05-02
The Middle East conflict is clouding India's FY27 GDP forecast, potentially lowering it from 7-7.4%. Supply-side shocks and inflationary pressures are a concern, and reduced economic activity and demand compression pose significant risks. While financial instability isn't currently a major threat, the economic outlook remains uncertain.