Business • Jun 24, 2025

S&P upgrades India's FY26 GDP growth forecast

S&P Global just bumped up India's GDP growth forecast for FY2026 to 6.5% (from 6.3%), putting it right in line with the Reserve Bank of India's outlook.
The upgrade comes thanks to hopes for a good monsoon, lower oil prices, tax breaks, and some expected monetary easing—all signs pointing to steady momentum for the economy.

TL;DR

India's growth for FY2025 also hit 6.5%

India's growth for FY2025 also hit 6.5%, matching government estimates and showing real resilience despite global ups and downs.
S&P's report highlights strong local demand and cooler inflation (especially on food), though core prices are still a bit high.
Even so, cheaper energy worldwide and a stronger rupee should help keep costs in check going forward.