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Ind-Ra says West Asia tensions, El Nino to drag FY27 growth to 6.7%

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Ind-Ra says West Asia tensions, El Nino to drag FY27 growth to 6.7%

New Delhi: Higher crude oil and food prices amid uncertainty arising from the West Asia conflict, along with the likely impact of an evolving El Nino on agriculture, will drag India's economic growth down to 6.7% in 2026-27, India Ratings and Research (Ind-Ra) said on Tuesday. Gross domestic product (GDP) growth for the fourth quarter of 2025-26 is projected at…

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