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UBS Hikes India's FY26 GDP Forecast to 6.4% on Robust Q4 Growth
The Business Guardian
|June 04, 2025
Global financial services firm UBS has raised its forecast for India's real gross domestic product (GDP) growth in FY26 to 6.4 per cent, up from its earlier estimate of 6 per cent, following signs of resilient economic momentum and a stronger-than-expected performance in the March 2025 quarter.
UBS's India Composite Economic Indicator (CEI) showed economic momentum held up in April, with the seasonally adjusted index rising 1.1 per cent month-on-month, close to its March quarter average, suggesting stable economic activity.
Chief India Economist at UBS Securities Tanvee Gupta Jain noted that the revision reflects several factors including robust domestic demand indicators, prospects of easing global trade tensions, and the continued support from lower crude oil prices.
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