India Ratings has cut India’s FY26 GDP forecast to 6.3 per cent from 6.6 per cent amid global trade uncertainty and weak investment climate.
While low inflation, monetary easing, and a good monsoon support consumption, these tailwinds may not offset global headwinds.
Inflation is seen averaging 3 per cent, with further rate cuts possible.
Current account deficit is projected at 0.9 per cent of GDP.
While low inflation, monetary easing, and a good monsoon support consumption, these tailwinds may not offset global headwinds.
Inflation is seen averaging 3 per cent, with further rate cuts possible.
Current account deficit is projected at 0.9 per cent of GDP.
