Despite global uncertainties, domestic reforms may lead to GDP growing 6.9% yoy in FY27: Ind-Ra

New Delhi [India], January 6 (ANI): India Ratings and Research (Ind-Ra) forecasts a robust GDP growth of 6.9 per cent year-on-year in the Financial Year (FY) 2027, building on the 7.4% forecast for FY26. Key domestic reforms are poised to act as economic catalysts, including a strategic income tax cut in the FY26 budget, GST rationalisation, and three pivotal foreign trade agreements with Oman, the UK, and New Zealand.