Weak Monsoon in FY27 to Hit India’s Growth, Fuel Inflation: Report
A below-normal monsoon forecast for FY27 could significantly impact India’s economy, warns a new report. It could fuel food inflation, slow GDP growth to 6.5%, hurt rural demand, and delay potential interest rate cuts by the RBI. India’s macroeconomic outlook for FY27 could be influenced significantly by monsoon performance, with below-normal rainfall expected to create … Read more