“Aurodeep Nandi of Nomura forecasts India's GDP growth to moderate to 6.3-6.7% in H1 FY27 before recovering to 7.1-7.2% in H2 FY27, resulting in an overall FY27 growth of 6.8%. This outlook, which is above consensus estimates, suggests India is in a 'Goldilocks' position with stable inflation and recovering growth, providing a cushion against external shocks despite rising crude prices.”