Branch² Intelligence
ADB cuts India's FY27 growth forecast to 6.6% as energy shocks weigh on demand
Key takeaway
ADB cuts India's FY27 GDP growth forecast to 6.6% from 6.9% due to energy shocks from West Asia conflict.
- Step 1ADB cuts India FY27 GDP forecast to 6.6% from 6.9% due to energy shocks.
- Step 2Energy price pass-through raises SME input costs and reduces household disposable income.
- Step 3SME margins compress and demand softens, leading to delayed expansion and higher credit risk.
Source: LiveMint — Economy
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