Moody's raised India's real GDP growth forecast to 7% from 6% for this fiscal year, citing economic resilience despite Middle East conflict disruptions. India is expected to outpace all G-20 economies. However, Moody's warned that elevated energy prices and El Nino-related food inflation could hurt consumer spending, subsidies, and fiscal consolidation.
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Moody's Sees India Growing 7%, Warns Of Energy Risks
