Rising crude oil prices, cost pressures, and uncertainty over consumer demand could weigh on India's economic momentum in the second half of fiscal 2027. However, growth for the full year could remain above 7%, according to DBS Bank's Radhika Rao. 13 -- The International Monetary Fund (IMF) has increased the GDP growth forecast for the fiscal year 2026-27 (FY27) to 7%, up from its previous forecast of 6.4%, on account of.