NEW DELHI: Fitch Ratings on Wednesday revised India’s GDP growth forecast for the fiscal year ending March 2026 to 6.9% from the earlier 6.5%, citing robust domestic demand, but cautioned that uncertainty around relations with the US will dampen business sentiment and potentially investment.”Domestic demand will be the key driver of growth, as strong real income dynamics support consumer spending and looser financial conditions should feed through to investment,” Fitch Ratings said in its latest Global Economic Outlook. The agency said that annual growth will slow in the second half of the financial year, and it expects growth to slow in FY27 to 6.3%. With the economy operating slightly above its potential, it expects growth will edge down to 6.2% in FY28.
