Moody's Ratings slashes India GDP growth forecast to 6% for 2026

Exam-focused facts from the 14 May 2026 current affairs briefing.

Key facts

Moody's Ratings (Moody's) has reduced India's GDP growth forecast for 2026 by 0.8 percentage points to 6 per cent.
Moody's has lowered the GDP growth estimate for 2027 by 0.5 percentage points to 6 per cent.
The agency projected a growth rate of 7.5 per cent for India in 2025.
India imports approximately 90 per cent of its energy requirements and 60 per cent of its Liquefied Petroleum Gas (LPG) usage.
Coal powers about 70 per cent of India's electricity generation, and the country is increasing imports of Russian crude.