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Economics2h 21m ago
India's GDP is likely to grow at 6.6 per cent in the current fiscal as compared to 7.7 per cent in FY26, on weaker investments and consumption growth and trade shocks from the West Asia crisis, BMI, a Fitch group company, said.
India
Who
BMI, a Fitch group company
What
India's GDP is likely to grow at 6.6 per cent in the current fiscal as compared to 7.7 per cent in FY26, on weaker investments and consumption growth and trade shocks from the West Asia crisis, BMI, a Fitch group company, said.
When
Thu, 11 Jun 2026 05:57:55 GMT · 2h 21m ago
Where
India ·
Why
BMI attributed the slow growth rate this fiscal to three factors: waning impact of GST reforms on domestic consumption, higher price inflation expected to hit 5.3 per cent in FY27 amid disruption at Strait of Hormuz, and slowing investment growth.
The Frontline Impact
How this affects you
India's economic growth is projected to decelerate, potentially affecting trade dynamics and consumer spending due to global disruptions and internal economic shifts in the coming fiscal year. This slowdown could influence international investment perspectives given India's status as a major emerging economy.
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