Moody's lowers India's FY27 GDP forecast to 6% from 6.8%
NewsBytes | April 21, 2026 9:40 PM CST
Indian oil cement aviation hardest hit
Rising costs are hitting sectors like oil marketing, cement, and aviation pretty hard, while infrastructure and utility companies seem steadier since they rely more on local fuel sources.
Moody's also points out that India's heavy dependence on Middle Eastern oil is risky: it could disrupt agriculture, food security, or even remittance inflows if things get worse in the Gulf region.
READ NEXT
-
Politics News- Rahul Gandhi said a big thing about Sushasan Babu leaving Bihar and Nitish Kumar, know the complete details.
-
UP council schools gain momentum in new enrolment, 26 percent target achieved, dynamic campaign will run from April to July
-
Summer Cooling Vegetables: Eat easily digestible food in summer, say bye-bye to processed food.
-
Nagaland State Lottery Result: April 21, 2026, 8 PM Live - Watch Streaming Of Winners List Of Dear Destiny Sambad Night Tuesday Weekly Draw
-
Willingdon Sports Club Hosts Table Tennis Tournament 2026; Over 80 Members Participate Across Categories
