New Delhi, April 16 -- UBS has revised India's real GDP growth forecast for FY26 to 6 percent from its earlier projection of 6.3 percent, citing mounting global headwinds and the imposition of a 27 percent reciprocal tariff by the United States, effective April 15. The Swiss investment bank warned that India's export prospects may be dented due to weaker global demand and the possibility of extended trade frictions with key partners like the US and China.

UBS said the latest cut in India's FY26 growth outlook factors in the economic drag from the newly implemented US tariffs and a broader global slowdown. It had already assumed a 25-basis-point drag in its earlier estimates but revised it lower further given the latest developments. Whil...