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Fitch ups India's FY26 GDP growth to 7.4%
Hindustan Times Noida
|December 05, 2025
Fitch Ratings on Thursday raised India’s GDP (gross domestic product) growth forecast for the current fiscal to 7.4%, from 6.9%, on increased consumer spending and improved sentiment boosted by GST (goods and services tax) reforms.
Fitch expects GDP growth to slow to 6.4% in FY27.
(AFP)
It said falling inflation gives the Reserve Bank of India (RBI) room for one more policy rate cut in December to 5.25%, following 100 bps of cuts in 2025 so far.
Fitch said that GDP growth accelerated further in the July-September quarter to 8.2%, from 7.8% in the April-June quarter.
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