Credit rating agency Moody's on Wednesday said it expects Indian economy to grow at 7 per cent in the current fiscal year ending March 31, 2027 due to broad-based economic momentum and resilience to energy supply shock, according to news agency PTI.

"India's broad-based economic momentum and demonstrated resilience to the energy supply shock warrant upward revisions to our 2026-27 growth forecasts to 7 per cent from 6.5 per cent," it said.