The World Bank has projected India's economic growth at 6.6% for the fiscal year 2027 (FY27), facing potential risks due to the ongoing Gulf conflict. Despite these challenges, India's economy is well-positioned to withstand global energy shocks, bolstered by strong macroeconomic buffers such as substantial foreign reserves and low inflation. The World Bank anticipates that growth will average 7.1% in FY28-29, assuming oil prices remain between $90-100 per barrel. The Reserve Bank of India has a slightly higher growth projection of 6.9% for FY27, indicating robust performance in the previous fiscal year. However, inflation is expected to rise to 4.9% in FY27, driven by increased food prices and energy costs. The World Bank emphasizes the importance of energy diversification, prudent fiscal management, and trade liberalization to enhance economic resilience. Additionally, fostering private sector growth is deemed critical for creating jobs and supporting the goal of Viksit Bharat (Developed India).