New Delhi, June 25 -- According to a recent report by ICRA it reveals that, intensifying risks such as geopolitical tensions in West Asia, volatility in financial markets, and uncertain trade policies are likely to pose downside risks to the India's GDP growth forecast.

The report reveals that, India's GDP growth for Fiscal Year 2026 (FY2026) to remain at 6.2%, a slight moderation from the 6.5% estimated for FY2025. This outlook is contingent on a well-distributed monsoon and crude oil prices averaging around USD 70 per barrel.

ICRA sees, the economic activity in the first two months of Q1 FY2026 has shown a mixed trend, with only nine of seventeen non-agricultural indicators improving compared to Q4 FY2025. The early onset of monsoons ...