New Delhi, June 11 -- India's Gross Domestic Product (GDP) is set to grow at 6.6 per cent in the current fiscal as compared to 7.7 per cent in FY26, said BMI, a Fitch group company, citing weaker investments and consumption growth and trade shocks from the West Asia crisis.
BMI expected the Indian Rupee to trade in the range of 95.1 against the US dollar this calendar year, and said the rupee's depreciation from its 87 average level in 2025 will support export competitiveness, offsetting the drag on GDP from the Iran conflict's terms-of-trade shock.
"Looking ahead, we continue to expect 6.6 per cent GDP growth in FY2026/27. Our projection represents a visible slowdown from FY2025-26's 7.7 per cent pace but exceeds India's average 6.1 per ...