The agency has said the war will raise inflation in the South Asian nation, while cutting its forecast to 6% in 2026-27 Rating agency Moody’s has slashed India’s GDP projection for the 2026-27 fiscal year to 6% from 6.8%, citing the ongoing war in Iran. In its latest forecast, the agency said the Middle East conflict will moderate growth momentum and raise inflation risks in the South Asian nation. The conflict would lead to near-term household shortages, especially of cooking gas, higher fuel,

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