Morgan Stanley raises India FY27 GDP forecast to 6.7%

Exam-focused facts from the 18 May 2026 current affairs briefing.

Key facts

Morgan Stanley has raised India's FY27 growth forecast to 6.7% from 6.2%.
The firm projects gross domestic product (GDP) growth of 7% for FY28 and 7.6% for FY26.
Growth for Q1FY27 is expected to be 6.5% year-on-year.
Inflation is projected to average 4.7% in FY27, while oil prices are expected to average $87.5 per barrel.
Higher oil prices could widen the current account deficit to 1.8% of GDP.