India's FY26 GDP growth forecast cut to 6.3% from 6.5%: S&P Global
S&P Global Ratings today cut India's GDP growth forecast by 0.2 pp to 6.3 per cent for FY26 citing uncertainty over the US tariff policy and downside risks from its spillover. It projected India's FY27 growth at 6.5 per cent. In March, it had lowered the FY26 growth forecast to 6.5 per cent from 6.7 per cent. It projected Indian rupee-USD exchange rate to be 88 by 2025-end from 86.64 in 2024.
S&P Global Ratings today cut India's GDP growth forecast by 0.2 pp to 6.3 per cent for FY26 citing uncertainty over the US tariff policy and downside risks from its spillover.
It projected India's FY27 growth at 6.5 per cent.
In March, it had lowered the FY26 growth forecast to 6.5 per cent from 6.7 per cent.
It projected Indian rupee-USD exchange rate to be 88 by 2025-end from 86.64 in 2024.
