India's growth outlook steady: Icra keeps FY26 GDP forecast at 6.2%, warns of rising global risks
Wednesday, 25 June 2025 () Icra maintains India's GDP growth forecast at 6.2% for FY26, supported by a good monsoon and stable crude oil prices. However, escalating geopolitical and financial uncertainties pose downside risks. While projecting lower CPI inflation at 3.5%, Icra anticipates a rate pause in August, with a possible rate cut in October depending on economic conditions.
Donald Trump has once again hinted at regime change in Iran, posting “Why wouldn’t there be a regime change???”—contradicting top U.S. officials who deny such intentions. While VP J.D. Vance and Defense Secretary Pete Hegseth stress the goal is to neutralize nuclear threats, Trump pitches...
India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank..