Icra Retains FY26 India GDP Forecast at 6.2%

RATING agency Icra on Wednesday retained its India's GDP growth forecast for fiscal year 2025-26 at 6.2%, on the back of the prediction of well-distributed monsoons and crude oil prices averaging around $70/barrel.

- ENS ECONOMIC BUREAU @ New Delhi

However, the agency in its June update said geopolitical tensions in West Asia, volatility in financial markets, and uncertain trade policies pose downside risks to this growth outlook, which have intensified. The RBI has projected the GDP growth at 6.5%. "Economic