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India’s FY26 GDP growth to hold steady at 6.5%: S&P
Financial Express Mumbai
|September 24, 2025
INDIA'S GDP GROWTH will hold steady at 6.5% in the current fiscal year, supported by domestic demand, benign monsoon season, cuts in the income and Goodsand Services Tax(GST),and accelerating government investment, S&P Global Ratings said on Tuesday.
India’s GDP growth at 7.8% in the June quarter was better than it expected.
S&P has revised its inflation forecast down to 3.2% for this fiscal year after a sharper-than-expected decrease in food inflation.
“This leaves room for further monetary policy adjustments, and we anticipate a 25 bps rate cut bythe Reserve Bank of India this fiscal year,’ it said.
This story is from the September 24, 2025 edition of Financial Express Mumbai.
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