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HinduBusinessLine

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Fitch cuts India’s growth estimates by 10 bps to 6.4% amid escalating global trade war

  • Fitch has cut India's growth estimates by 10 bps to 6.4% due to the escalating global trade war.
  • Fitch has lowered world growth projections by 0.4 percentage points and China and US growth by 0.5 percentage points.
  • World growth is projected to fall below 2% this year, marking the weakest global growth rate since 2009.
  • Fitch retains India's GDP growth rate at 6.3% for the 2026-27 fiscal year.

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