S&P retains India’s FY26 GDP growth forecast at 6.5%, expects 25 bps RBI rate cut
S&P Global Ratings maintains India's GDP growth forecast at 6.5% due to strong domestic demand and a favorable monsoon. It expects a 25 bps rate cut by RBI this fiscal and revises inflation forecast to 3.2%. India's GDP grew at 7.8% in Q1 and S&P predicts a steady growth supported by government investment and tax cuts.