Monday, 17 August 2026 · World
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EUROS The World Financial Report
Nº 37 Monday, 17 August 2026 · World Edition
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Asia

Margin impact of West Asia tensions to soften India's GDP growth to 7% in Q1 FY27, says ICRA

mint - markets · 1h ago · 🇮🇳 India
Margin impact of West Asia tensions to soften India's GDP growth to 7% in Q1 FY27, says ICRA

ICRA forecasts a decline in India's GDP growth to 7% in Q1 FY27, influenced by conflicts in West Asia and monsoon irregularities. While sectors like agriculture and industry show some resilience, the services sector is set to slow significantly.

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