Agencies Cut India's FY26 GDP Growth Forecasts Amid US Tariff Concerns

Two agencies, ADB and India Ratings, think India's economy won't grow as fast in 2026 as they previously thought.

They are predicting slower growth in the coming year.

This is because of worries about global trade, especially due to new taxes from the US, and a slower rate of investment.

The ADB lowered its forecast to 6.5%, and India Ratings to 6.3%, both lower than their earlier predictions.

They are also keeping an eye on whether the economy is slowing down because the investment isn't going to go as fast as they thought it would.

While it's still expected to grow, the growth may not be as strong as anticipated.