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via thehindubusinessline.comEconomy

West Asia crisis may cost India govt ₹1.35 lakh crore, spending cuts unlikely: ICRA

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

ICRA expects GDP growth to exceed 7% in the second quarter of FY27, following growth of 7.8% in the first quarter

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralFiscal and growth estimates for India are relevant for expectations on the Indian economy.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01ICRA estimates the West Asia crisis may cost the government ₹1.35 lakh crore.
  2. 02ICRA expects GDP growth to exceed 7% in Q2 FY27.
  3. 03GDP grew 7.8% in Q1.

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