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S&P Cuts India FY26 Growth View to 6.5%
Mint Hyderabad
|March 26, 2025
S&P Expects Asia Pacific Central Banks to Continue Cutting Benchmark Interest Rates Through This Year
S&P Global Ratings on Tuesday cut India's economic growth projection to 6.5% for the next fiscal year as it expects that economies in the Asia-Pacific (Apac) region will feel the strain of rising US tariffs and pushback on globalization.
In its Economic Outlook Asia-Pacific Q2 2025 report, S&P said that despite these external strains, it expects domestic demand momentum to remain solid in most emerging market economies.
This story is from the March 26, 2025 edition of Mint Hyderabad.
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