Fitch lifts India growth forecast

Fitch raised India’s FY26 GDP growth forecast to 7.5%, citing resilient domestic demand even as global growth diverges reported. The IMF’s recent outlook also flagged the world economy’s ‘notable resilience’ driven by IT and AI investment, but warned that geopolitics and trade disruptions pose clear downside risks argued.

Fitch raised) its FY27 growth forecast to 6.7% and projected) global crude oil prices to average USD 70 per barrel in 2026. The agency expects) India’s inflation to rise to about 4.5% by December, citing higher oil costs as a key upward pressure. business-standard.com Goldman Sachs cut) its FY26 GDP forecast for India to 6.5% from 7%, underscoring a sharp split among major forecasters on near‑term momentum. The IMF upgraded) its global growth projection to 3.3% for 2026—an upward revision of 0.2 percentage point from October—noting that most of the improvement was driven by stronger activity in the United States and China tied to concentrated AI/IT investment.

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