New Delhi, July 26 -- India is projected to maintain a steady 6-6.5 per cent year-on-year real GDP growth in FY26, supported by resilient domestic demand and potential relief from softer global crude oil prices, despite pressures from recent tariff hikes, according to a UBS report.

The Report believes India is less vulnerable to global trade shocks compared to more export-reliant Asian economies, owing to its lower goods trade exposure and a strong services export base, which now accounts for about 47 per cent of total exports.

The policy focus is expected to remain on enhancing monetary transmission, following a cumulative 100 bps repo rate cut so far this calendar year.

The report's analysts added that there may be room for an additi...