S&P lowers India's GDP growth forecast to 6.5%

S&P Global has lowered its GDP growth forecast for India for the year 2025-26. The agency now expects India's economy to grow by 6.5%. This is a slight decrease from the previous estimate of 6.7%. The report highlighted challenges for Asia-Pacific economies. Rising tariffs from the United States and a backlash against globalization are expected to affect growth. Despite these challenges, S&P believes that domestic demand in India will continue to be strong. The revisions reflect broader economic trends in the region. Emerging-market economies are likely to see varying levels of demand and growth. S&P's insights emphasize the need for businesses to stay informed about changing economic conditions.