New Delhi, April 17 -- Fitch Ratings has lowered India's growth forecast for 2025-26 by 10 basis points to 6.4 per cent. For 2026-27 the growth forecast is lowered by 20 basis points to 6.3 per cent.

The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 per cent, amid uncertainties arising from trade wars following the reciprocal tariffs announced by the US.

The global rating agency has similarly revised downwards growth rates for several economies, including France, the UK, Eurozone, Australia, Canada, Germany, China, the US, among a few others.

Fitch Ratings' forecasts for world growth have been sharply lowered in response to the recent severe escalation in the glo...