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Fitch Lifts India FY26 GDP Growth Outlook to 6.9%, Flags US Trade Risks
Fitch cites strong April-June GDP growth of 7.8% and robust domestic demand as reasons for revising India's fiscal year 2026 growth forecast to 6.9%.
- Fitch Ratings has raised India's GDP growth forecast for FY26 to 6.9% from 6.5%, citing strong domestic demand and supportive financial conditions.
- India's GDP grew 7.8% year-on-year in April-June, according to Fitch Ratings.
- Fitch noted increased trade tensions with the US, highlighted by a new 25% tariff on Indian imports, which may impact investment sentiment.
- Inflation dropped to 1.6% in July, the lowest since 2017, with expectations for it to average 3.2% by the end of 2025, as reported by Fitch.
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India US Relation: The rating agency maintains a positive stance on the Indian economy.
·India
Read Full ArticleFitch projects GDP at 6.9%, says US tariffs to be negotiated lower, GST to boost spending - The Statesman
The global rating agency said domestic demand will be the key driver of growth, as strong real income dynamics support consumer spending and looser financial conditions should feed through to investment.
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Total News Sources14
Leaning Left0Leaning Right7Center3Last UpdatedBias Distribution70% Right
Bias Distribution
- 70% of the sources lean Right
70% Right
C 30%
R 70%
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