ICRA trims India's FY27 GDP to 6.2% citing $95 crude
NewsBytes | May 19, 2026 7:39 PM CST
ICRA: India Q4 FY26 growth 7%
GDP growth is set to dip in the fourth quarter of FY26, dropping to 7% from 7.8% last quarter, as industries and services lose momentum and exports shrink by nearly 3%.
Still, ICRA says government spending on infrastructure and steady private consumption should help keep the economy moving forward, especially as inflation cools and people start feeling more confident about spending again.
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