{"id":36712,"date":"2025-08-06T17:41:20","date_gmt":"2025-08-06T12:11:20","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=36712"},"modified":"2025-08-06T17:41:43","modified_gmt":"2025-08-06T12:11:43","slug":"india-gdp-forecast-fy-26","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/","title":{"rendered":"India GDP Forecast FY 26: Fitch Lowers Growth Estimate to 6.3% | Key Sector Impacts"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#India_GDP_Forecast_FY_26_lowered_to_63_by_Fitch_amid_US_tariff_risks_Explore_sectoral_impacts_corporate_resilience_and_exam-relevant_economic_insights\" >India GDP Forecast FY 26 lowered to 6.3% by Fitch amid US tariff risks. Explore sectoral impacts, corporate resilience, and exam-relevant economic insights.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#Fitch_Lowers_Indias_GDP_Growth_Forecast_for_FY%E2%80%AF26_to_63\" >Fitch Lowers India\u2019s GDP Growth Forecast for FY\u202f26 to 6.3%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#Why_This_News_Is_Important\" >Why This News Is Important<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#Strategic_Economic_Forecast_for_Aspirants\" >Strategic Economic Forecast for Aspirants<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#Implications_for_Key_Sectors_and_Public_Policy\" >Implications for Key Sectors and Public Policy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#External_Risks_in_Indian_Economy\" >External Risks in Indian Economy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#Corporate_Finance_and_Stability_Insight\" >Corporate Finance and Stability Insight<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#Trade_Negotiation_Context\" >Trade Negotiation Context<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#Historical_Context_Background_to_the_Revision\" >Historical Context: Background to the Revision<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#Key_Takeaways_from_%E2%80%9CFitch_Lowers_Indias_GDP_Forecast%E2%80%9D\" >Key Takeaways from \u201cFitch Lowers India\u2019s GDP Forecast\u201d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#Frequently_Asked_Questions_FAQs\" >Frequently Asked Questions (FAQs)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/india-gdp-forecast-fy-26\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"India_GDP_Forecast_FY_26_lowered_to_63_by_Fitch_amid_US_tariff_risks_Explore_sectoral_impacts_corporate_resilience_and_exam-relevant_economic_insights\"><\/span><strong>India GDP Forecast FY 26<\/strong> lowered to 6.3% by Fitch amid US tariff risks. Explore sectoral impacts, corporate resilience, and exam-relevant economic insights.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fitch_Lowers_Indias_GDP_Growth_Forecast_for_FY%E2%80%AF26_to_63\"><\/span>Fitch Lowers India\u2019s GDP Growth Forecast for FY\u202f26 to 6.3%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Fitch Ratings\u2019 Revised Forecast<\/strong><br>In its latest <em>India Corporates Credit Trends<\/em> report (July 2025), Fitch has trimmed India\u2019s GDP growth forecast for 2025\u201326 (FY\u202f26) from <strong>6.4% to 6.3%<\/strong>, reflecting caution over global headwinds especially rising US tariffs<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Infrastructure-Led Domestic Demand<\/strong><br>Fitch projects that continued strong <strong>infrastructure spending<\/strong> will support demand in sectors like cement, power, petroleum products, construction, steel, building materials, and engineering &amp; construction. These sectors are expected to drive domestic consumption and keep growth momentum intact<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Corporate Credit Metrics Outlook<\/strong><br>Despite high capital expenditure, Fitch expects <strong>credit metrics<\/strong> of Indian corporates to improve in FY\u202f26, helped by rising EBITDA margins that counterbalance elevated capex levels <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Impact of US Tariffs on Indian Businesses<\/strong><br>Fitch anticipates <strong>limited direct impact<\/strong> from the upcoming 25% US tariffs on Indian exports, as most rated Indian firms have <strong>low-to-moderate exposure<\/strong> to US markets. However, <strong>second-order risks<\/strong> loom via global oversupply (particularly in steel and chemicals) that could flood Indian markets and exert pricing pressure, especially on metals and mining firms <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Sectoral Perspectives<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Export-intensive sectors<\/strong> like IT services, auto components, and pharmaceuticals may face export demand uncertainty due to shifting US and European trade policies.<\/li>\n\n\n\n<li><strong>Domestic sectors<\/strong> including telecom, oil &amp; gas, utilities, and construction are expected to remain <strong>relatively insulated<\/strong>, supported by stable local demand and regulatory frameworks <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>India\u2013US Trade Negotiations on Duty Concessions<\/strong><br>India continues to <strong>refuse duty concessions<\/strong> on agricultural and dairy products in bilateral trade talks, maintaining that it has not historically opened these sectors\u2014even under existing FTAs. The outcome of ongoing negotiations may affect export diversification and corporate resilience in FY\u202f26<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\" id=\"India-GDP-forecast-FY-26\"><img decoding=\"async\" src=\"https:\/\/currentaffairs.adda247.com\/wp-content\/uploads\/multisite\/sites\/5\/2025\/08\/05081135\/Fitch-Lowers-Indias-GDP-Growth-Forecast-for-FY26-to-6.3.jpg\" alt=\"India GDP forecast FY 26\" title=\"India GDP forecast FY 26\"\/><figcaption class=\"wp-element-caption\">India GDP forecast FY 26<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_Is_Important\"><\/span>Why This News Is Important<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Strategic_Economic_Forecast_for_Aspirants\"><\/span><strong>Strategic Economic Forecast for Aspirants<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For students preparing for exams like <strong>UPSC, SSC, IBPS, RRB, and state-level<\/strong> recruitment tests, understanding economic projections such as <strong>Fitch\u2019s downward revision<\/strong> offers critical insight into India\u2019s macroeconomic trajectory. Economic awareness is a recurring feature across various <strong>General Studies (GS)<\/strong> and economic affairs sections.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Implications_for_Key_Sectors_and_Public_Policy\"><\/span><strong>Implications for Key Sectors and Public Policy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Fitch\u2019s emphasis on <strong>infrastructure-driven growth<\/strong> indicates priority sectors by the government for spending. Exam questions often focus on such sectors\u2014cement, steel, energy, E&amp;C\u2014and their role in <strong>Atmanirbhar Bharat<\/strong>, <strong>Make in India<\/strong>, and infrastructure development schemes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"External_Risks_in_Indian_Economy\"><\/span><strong>External Risks in Indian Economy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Understanding how <strong>US tariffs and global supply chains<\/strong> affect India equips students to analyse <strong>international trade policy, tariffs, and supply risks<\/strong>, themes frequently seen in defense services and civil service exams, particularly in the context of India\u2013US relations and export strategy.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Corporate_Finance_and_Stability_Insight\"><\/span><strong>Corporate Finance and Stability Insight<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The expected improvement in <strong>EBITDA margins<\/strong> despite high capex offers a practical case study in corporate resilience. Aspirants preparing for banking and railway roles involving credit appraisal or public sector enterprise assessments will find this especially relevant.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Trade_Negotiation_Context\"><\/span><strong>Trade Negotiation Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">India\u2019s stance in resisting <strong>duty concessions<\/strong> on sensitive sectors such as dairy and agriculture in trade talks is part of broader <strong>trade policy negotiation strategy<\/strong>, frequently asked in banking awareness, governance, and GS papers focusing on <strong>trade diplomacy<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context_Background_to_the_Revision\"><\/span>Historical Context: Background to the Revision<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Fitch had earlier projected a <strong>6.4% growth<\/strong> for FY\u202f26 in April\u2019s <em>Global Economic Outlook<\/em> report. The revision to <strong>6.3%<\/strong> follows global turbulence including <strong>trade tensions<\/strong>, rising commodity prices, and supply chain disruptions<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India\u2019s GDP soared by <strong>7.4% in Q4 FY\u202f25<\/strong>, making it the fastest-growing major economy that year, yet concerns around <strong>sustainability of investment-driven growth, global uncertainty, and trade disruptions<\/strong> prompted a cautious future outlook with expected ranges between <strong>6.3\u20136.6%<\/strong> for FY\u202f26 <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, <strong>Fitch reaffirmed India\u2019s sovereign rating<\/strong> at \u2018BBB\u2011\u2019 in mid-2025, citing structural concerns like high public debt (~80% of GDP) and high interest-to-revenue ratio (~25%) as obstacles to an upgrade, even as economic momentum remains relatively strong with projected growth in the 6.3\u20136.5% range for FY\u202f26 and FY\u202f27 <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_%E2%80%9CFitch_Lowers_Indias_GDP_Forecast%E2%80%9D\"><\/span>Key Takeaways from \u201cFitch Lowers India\u2019s GDP Forecast\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>Sr. No.<\/strong><\/th><th><strong>Key Takeaway<\/strong><\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>Fitch has lowered India\u2019s GDP growth forecast for FY\u202f26 to <strong>6.3%<\/strong>, down from 6.4%.<\/td><\/tr><tr><td>2<\/td><td><strong>Infrastructure spending<\/strong> remains a key driver, boosting demand in sectors like cement, power, steel, and E&amp;C.<\/td><\/tr><tr><td>3<\/td><td>Indian corporates are expected to show <strong>improved credit metrics<\/strong>, driven by wider EBITDA margins despite high capex.<\/td><\/tr><tr><td>4<\/td><td><strong>US tariffs<\/strong> starting August\u202f7 (25% + penalties) are expected to have <strong>limited direct impact<\/strong> but could cause <strong>second-order risks<\/strong> from global oversupply.<\/td><\/tr><tr><td>5<\/td><td><strong>Export-dependent<\/strong> sectors like IT, auto, pharmaceuticals face vulnerabilities, while <strong>domestic sectors<\/strong> such as telecom, utilities, oil &amp; gas are relatively insulated.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">India GDP forecast FY 26<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span><strong>Frequently Asked Questions (FAQs)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1. What is the revised GDP growth forecast for India by Fitch for FY\u202f26?<\/strong><br>Fitch has revised India\u2019s GDP growth forecast for FY\u202f26 to <strong>6.3%<\/strong>, down from its earlier estimate of 6.4%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. Why did Fitch lower the GDP projection for India?<\/strong><br>The revision is due to anticipated <strong>global trade disruptions<\/strong>, particularly stemming from <strong>US tariffs<\/strong>, and a cautious outlook on external demand.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. Which sectors are expected to benefit from India\u2019s infrastructure push?<\/strong><br>Sectors like <strong>cement, power, petroleum, construction, steel, engineering, and building materials<\/strong> are expected to benefit significantly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4. Will US tariffs have a major impact on Indian companies?<\/strong><br>According to Fitch, <strong>direct impact will be limited<\/strong> due to lower exposure to US markets, though <strong>indirect risks<\/strong> via global oversupply may affect certain industries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5. What is India\u2019s official stance on US demand for duty concessions?<\/strong><br>India has refused to give <strong>duty concessions on dairy and agriculture<\/strong> products in trade negotiations, maintaining its protective policy stance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>6. How are Indian corporates expected to perform in FY\u202f26 despite high capex?<\/strong><br>They are likely to maintain strong <strong>credit metrics<\/strong> supported by <strong>EBITDA margin expansion<\/strong> and healthy domestic demand.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>7. How does this news affect government exam aspirants?<\/strong><br>It provides key insights for exams like <strong>UPSC, SSC, Banking, Railways, and State PSCs<\/strong>, especially in <strong>GS Economy<\/strong>, <strong>Current Affairs<\/strong>, and <strong>Policy Analysis<\/strong> sections.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/railway\/\" target=\"_blank\" rel=\"noreferrer noopener\">Railways Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/defence\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--4\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs?newsmaticargs=custom&amp;posts=today\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--5\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairsinhindi\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current Affairs In Hindi<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--6\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Download this App for Daily Current Affairs MCQ&#8217;s<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"News-Website-Development-Company\"><a href=\"https:\/\/www.martindiainfotech.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png\" alt=\"News Website Development Company\" class=\"wp-image-438\" title=\"News Website Development Company\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-300x50.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-768x128.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">News Website Development Company<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>India GDP Forecast FY 26 lowered to 6.3% by Fitch amid US tariff risks. Explore sectoral impacts, corporate resilience, and exam-relevant economic insights. Fitch Lowers India\u2019s GDP Growth Forecast for FY\u202f26 to 6.3% Fitch Ratings\u2019 Revised ForecastIn its latest India Corporates Credit Trends report (July 2025), Fitch has trimmed India\u2019s GDP growth forecast for 2025\u201326&#8230;<\/p>\n","protected":false},"author":6,"featured_media":36743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,144],"tags":[21947,5606,26069,26067,26066,267,7480,26068,26070],"class_list":["post-36712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-economy_finance","tag-current-affairs-2025","tag-economic-outlook","tag-fitch-ratings","tag-fy-26-gdp","tag-indian-corporates","tag-indian-economy","tag-infrastructure-growth","tag-trade-policy","tag-us-tariffs"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/36712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=36712"}],"version-history":[{"count":2,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/36712\/revisions"}],"predecessor-version":[{"id":36744,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/36712\/revisions\/36744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/36743"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=36712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=36712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=36712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}