The rating agency projected a 6.7 per cent GDP growth rate in 2025-26 financial year and 6.8 per cent in the following fiscal year. These are down from 6.9 per cent and 7 per cent, respectively in previous projections.
Notably, for FY25, S&P Global pegged GDP growth rate at 6.8 per cent. Further for FY28, the agency expects India's GDP to grow at 7 per cent.
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