India growth seen moderating in 2nd half of FY27
India's economy is expected to experience a slowdown in the second half of fiscal year 2026-27, according to DBS Bank economist Radhika Rao. The country began the fiscal year on a strong note, with growth of 7.8% in the first quarter, driven by domestic demand, consumption, public investment, and manufacturing. DBS anticipates full-year growth of 7.3%, down from a revised 7.8% for the previous year.
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