GDP growth in FY26 to moderate amid global uncertainties: Ind-Ra
India Ratings and Research (Ind-Ra) expects GDP in FY26 to grow 6.3% yoy, 30bp lower...
India Ratings and Research (Ind-Ra) expects GDP in FY26 to grow 6.3% yoy, 30bp lower...
While occupancy rates in FY26 are likely to be supported by business events and leisure travel, they are likely to be dampened by potential economic slowdowns if the trade wars were to prolong.
Reciprocal tariffs, while having limited direct impact for India, create uncertainty and the risk of volatility in global markets.
The monetary policy actions in FY26 will be dependent on inflation movements, liquidity situation and trajectory of global commodity prices.
Ind-Ra expects the RBI to cut policy rates by 25 basis points in April 2025 following a decline in retail inflation to a seven-month low of 3.61% in February.