# Morgan Stanley has cut its real GDP (gross domestic product) forecast for India by 30 basis points (bps) to 6.2 per cent in fiscal 2026-.

*fintech · news · 2026-04-07 · Business Standard*

## Key points

- Morgan Stanley cut India's FY27 GDP growth forecast to 6.2% from 6.5% due to West Asia conflict.
- If Brent crude spikes to $150/bbl for a quarter, FY27 GDP growth could drop to 5.7%.
- Morgan Stanley now expects Brent crude to average $95/bbl in FY27, up from $65/bbl earlier.
- Higher oil prices could widen India's FY27 current account deficit to 2.5% of GDP from 1%.

**Companies:** Morgan Stanley
**Countries:** India

[Read the full story on Business Standard](https://www.business-standard.com/markets/news/morgan-stanley-cuts-india-fy27-gdp-forecast-by-30bps-to-6-2-126040700467_1.html)

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