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FITCH UPS INDIA'S GDP GROWTH ESTIMATE FOR FY26

Hindustan Times Ranchi

March 14, 2026

Fitch Ratings on Friday raised India’s GDP growth forecast for current fiscal and the next to 7.5% and 6.7%, and projected global crude oil price to average $70/barrel in 2026.

- Press Trust of India

Fitch had, in December, projected India’s GDP growth for current fiscal at 7.4% and 6.4% for 2026-27.

Fitch expects growth to slow in first half of FY27, with rising inflation constraining real incomes and limiting consumer spending growth.

GDP growth slowed in the December quarter to 7.8% YoY from 8.4% in September quarter.

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