Oddbean

S&P Cuts India's GDP Growth Forecast For FY26, FY27 ========== S&P Global Ratings revised India's GDP growth forecast for FY26 to 6.7% and FY27 to 6.8%, down from previous estimates of 6.9% and 7% respectively; for FY25, the growth rate is pegged at 6.8%; high interest rates and lower fiscal impulse are cited as reasons for the downgrade; S&P expects a growth rate of 7% in FY28; the report follows an update on Asia-Pacific economies post US election results. #Gdp #S&p #India #EconomicGrowth #Forecast #Fy26 #Fy27 #FinancialYear #Asiapacific #InterestRates https://www.news18.com/business/economy/sp-cuts-indias-gdp-growth-forecast-for-fy26-fy27-9133359.html