Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
S&P Raises India's FY26 Growth Forecast to 6.5%
Financial Express Bengaluru
|June 25, 2025
S&P Global Ratings on Tuesday raised India's economic growth projection to 6.5% for 2025-26.
This follows a cut in the growth outlook to 6.3% by the agency last month. This is the first upward revision of India's growth for the current fiscal by a major agency.
S&P cited a normal monsoon, lower crude oil prices, income tax concessions, and monetary easing for the revised projection. However, it came close on the heels of heightened volatility in global crude prices after the Iran-Israel tensions and the US bombing of Iran's nuclear facilities.
On May 2, it had cut India's growth projections from 6.5% to 6.3% for 2025-26, citing uncertainty over the US tariff policy and downside risks from its spillover to the economy.
This story is from the June 25, 2025 edition of Financial Express Bengaluru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Bengaluru
Financial Express Bengaluru
India questions legal basis of Section 301 probe by US
REBUTS CHARGES OF PROMOTING EXCESS CAPACITIES, FORCED LABOUR
2 mins
April 17, 2026
Financial Express Bengaluru
China’s economy rides out war as growth hits 5%
CHINA'S ECONOMIC GROWTH rebounded more than expected in the first quarter, suggesting limited spillovers so far from the war in Iran but revealing few signs of turnaround in weak consumer spending.
2 mins
April 17, 2026
Financial Express Bengaluru
Wipro clears share buyback of ₹15K cr
THE BOARD OF IT major Wipro approved the proposed share buyback of up to ₹15,000 crore, offering nearly 19% premium over Thursday's closing price.
1 min
April 17, 2026
Financial Express Bengaluru
InGovern: HDFC Bank episode a personality-driven aberration
PROXY ADVISORY FIRM InGovern Research Services has termed the resignation of HDFC Bank’s Part-time Chairman Atanu Chakraborty as a “one-off aberration” caused more by personality and individual values than by any structural governance lapse at the bank.
2 mins
April 17, 2026
Financial Express Bengaluru
TCS asks staff at Nashik office to work from home
EMPLOYEES AT THE Nashik campus of Tata Consultancy Services (TCS) have been given the option to work from home (WFH), given the rising tensions around the sexual harassment and misconduct case reported last week.
1 min
April 17, 2026
Financial Express Bengaluru
Hopes rise for a US-Iran deal, but nuclear issues unresolved
OPTIMISM GREW ON Thursday that the Iran war may be near an end, with a source saying a Pakistani mediator had made a breakthrough on “sticky issues”, although Iran said the fate of its nuclear programme had not been resolved.
1 mins
April 17, 2026
Financial Express Bengaluru
India to grow 6.3% even if oil price averages $130, says S&P
S&P GLOBAL RATINGS on Thursday said India is expected to grow at 6.3% if the oil price averages $130/barrel in the current fiscal year amid the West Asia crisis.
1 min
April 17, 2026
Financial Express Bengaluru
Naari Shakti watching, PM warns ‘Open attack on democracy’: Oppn slams govt move
ADDRESSING CONCERNS OVER representation, especially in southern and smaller states, Prime Minister Narendra Modi on Thursday said that no state will be discriminated against in the delimitation of constituencies linked to the reservation of seats for women in the Lok Sabha and state Assemblies.
3 mins
April 17, 2026
Financial Express Bengaluru
Tribunal gives major relief to builder Bhosale in PMLA case
Final order finds that action by ED was largely unsustainable
2 mins
April 17, 2026
Financial Express Bengaluru
HDFC AMC posts 16% rise in FY26 net profit
HDFC AMC ON Thursday reported a 16% rise in its net profit for FY26 to %2,859 crore.
1 min
April 17, 2026
Listen
Translate
Change font size