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India warns of 'considerable downside' to growth forecast due to Iran ...
India's top economic adviser has warned that there is "considerable downside" to the country's growth forecast of 7.0%-7.4% for FY27 as a result of the fallout from the Iran war.
Iran war could shave off 1% point from India's FY27 GDP growth forecast ...
India's real GDP growth for the next fiscal could erode by around 1 percentage point, while retail inflation could rise by about 1.5 percentage points from their baseline estimates if the Middle East conflict persists through the next fiscal, an EY report said.
India Growth Outlook Faces Downside Risk Amid Iran War Disruptions
India has cautioned that its economic growth outlook for the financial year ending March 2027 faces significant downside risks. The forecast of 7.0%-7.4% is under pressure due to rising energy prices and supply-chain disruptions linked to the ongoing Iran conflict.
Iran war shock: Middle East conflict could cut 1 ppt from India's FY27 ...
Iran War: A persistent Middle East conflict could reduce India's real GDP growth by 1 percentage point and increase retail inflation by 1.5 percentage points from baseline estimates. This impact stems from disruptions to global oil and energy markets, affecting employment-intensive sectors and aggregate demand.
