S&P trims India’s growth forecast to 6.5%

NEW DELHI: Ratings company S&P Global on Tuesday trimmed India’s GDP growth forecast for 2025-26 and asserted that Asia-Pacific economies will really feel the pressure of rising US tariffs particularly and a pushback on globalisation.
It mentioned home demand momentum ought to broadly maintain up, particularly within the area’s emerging-market economies. “India’s GDP will grow 6.5% in the fiscal year ending March 31, 2026, we expect…less than our earlier forecast of 6.7%,” S&P Global mentioned in its report.