business π Moody's bumps India's 2027 GDP growth target
Moody's has revised its fiscal 2027 GDP growth forecast for India upward. This projection was made by the rating agency in response to positive economic indicators. Specifically, the forecast now stands at 7% for the mentioned fiscal year. This upgrade is largely attributed to the observed resilience in the West Asia region's economy. Analysts anticipate continued positive momentum based on these global and domestic factors. π