S&P keeps India's FY26 GDP growth aim at 6.5%; shares FY27 target

S&P Global Ratings forecasts India's economy to grow 6.5 percent this fiscal year and 6.7 percent next. Recent tax cuts and monetary easing will boost consumption. This will drive domestic growth. Households will benefit from lower taxes and cheaper borrowing. India's GDP grew 7.8 percent in the April-June quarter. Official numbers for the July-September quarter are due November 28.