CareEdge Ratings raises India’s FY27 GDP growth forecast to 7.20% after US?India trade deal

CareEdge Ratings has revised its FY27 GDP growth estimate upwards by 20 basis points to 7.20 per cent to 7 per cent in the wake of the US?India trade deal. “Our quick estimate (based on the limited information that is available) is that it (the tariff deal) could give a boost to India’s GDP…If the tariff is cut, as per our analysis, it could give a boost of around 0.2 percentage points. So, we will look at a GDP growth of about 7.2 percent growth in FY27,” said Rajani Sinha, Chief Economist. Late last evening (IST), US President Donald Trump…