Fitch: India to grow 7.5% in FY26 despite global turmoil; inflation risk rises

• Fitch Ratings projects India's GDP growth at 7.5% in FY26, primarily driven by strong domestic demand.
• The agency warns that inflation could gradually rise to 4.5% by December, potentially accelerated by crude oil prices.
• Fitch estimates India's economic growth momentum might slow to 6.7% in FY27 and 6.5% in FY28.
• Goldman Sachs revised India's 2026 inflation forecast to 4.2% and lowered GDP growth to 6.5%.
• Global economic uncertainties, energy prices, and geopolitical tensions impact forecasts, but strong domestic demand offers support.