India’s growth faces crude and monsoon test as FY27 GDP seen moderating to 6.5%

India's economic growth is projected to slow to about 6.5 percent in fiscal year 2027. Higher costs, global tensions, and a potentially weak monsoon are key concerns. Despite these challenges, private spending and investment are expected to support growth above 6 percent. The economy finished fiscal year 2026 strongly, providing a solid foundation for the upcoming year.