IMF Identifies Oil Prices and Weak Monsoon as Key Risks to India's FY27 GDP Growth

The International Monetary Fund (IMF) has highlighted rising oil prices due to the Middle East conflict and a weak monsoon season caused by El Niño weather patterns as major risks to India’s economic growth in fiscal year 2026/27. The IMF revised its FY27 GDP forecast for India downward by 10 basis points, citing these factors.

By By Shubham Batra and Manoj Kumar Tue, July 21, 2026 at 9:57 AM GMT+3 2 min read · Yahoo Finance · July 21, 2026, 06:57 UTC

Topics: GDP growth IMF India monsoon impact oil prices

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