Fitch Ratings has revised India's GDP growth forecast for the current fiscal year 2025-26, trimming it by 10 basis points to 6.4%, citing escalating global trade tensions. The outlook for 2024-25 was also cut to 6.2%, while the estimate for 2026-27 remains unchanged at 6.3%.In its latest Global Economic Outlook (GEO) update, Fitch warned that the intensifying global trade war particularly between the US and China is weighing heavily on investment, equity markets, and export prospects. "Massive policy uncertainty is hurting business investment prospects, equity price falls are reducing household wealth, and US exporters will be hit by retaliation," the agency noted.Fitch also slashed its global growth forecast for 2025 by 0.4 percentage points and downgraded the
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