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Icra Retains FY26 India GDP Forecast at 6.2%
The New Indian Express Kochi
|June 26, 2025
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.
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
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