Topic
growth forecast
Commodities India's Power Demand Rises on Heatwaves; IEA Sees 7% Electricity Growth in 2026
India's electricity demand rose about 6% in H1 2026 led by heatwaves and strong industrial activity, according to the IEA. The agency forecasts 7% annual growth for 2026. Peak load hit a record 270.8 GW in May, but shortages more than doubled in Jan-May 2026 due to evening supply gaps.
Fitch Lowers India's Growth Forecast Amid Middle East Crisis
Fitch Ratings has revised India's GDP growth forecast for FY27 to 6.4%, down from 6.7%, citing the impact of Middle East turmoil on consumer spending. The agency also noted the potential for improved conditions once the energy shock eases.
RBI Warns Monsoon Deficiency May Impact India's Trade
The Reserve Bank of India warns that a projected monsoon deficiency may affect rural demand and consumption, potentially impacting trade. The RBI has adjusted its GDP growth forecast for FY27 to 6.6% amid global supply chain disruptions.