Fitch Ratings has trimmed India’s FY25 GDP growth forecast by 10 basis points to 6.2%, citing global economic headwinds. Forecasts for FY26 and FY27 are now 6.4% and 6.3% respectively. RBI also recently reduced its FY25 estimate to 6.5%, reflecting concerns over trade tensions.

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• Fitch cuts India’s FY25 GDP forecast to 6.2% from earlier 6.3%
• FY26 growth forecast also lowered to 6.4%
• FY27 GDP projection pegged at 6.3%
• Revision due to weak global outlook, US-China trade war
• RBI earlier slashed FY25 GDP estimate to 6.5% from 6.7%
• Central bank cites rising global tariffs, trade policy risks
• Governor Malhotra attributes cut to 20 bps hit from global issues
• RBI estimates FY26 growth at 6.7% in last policy meet
• Economic environment marked by policy uncertainty, trade concerns
• Both Fitch and RBI highlight risks from external economic pressures