{"id":246866,"date":"2025-03-26T19:04:52","date_gmt":"2025-03-26T13:19:52","guid":{"rendered":"https:\/\/insurancekhabar.com\/sp-projects-indias-gdp-growth-rate-to-be-limited-to-6-5-percent-2\/"},"modified":"2025-03-26T19:04:52","modified_gmt":"2025-03-26T13:19:52","slug":"sp-projects-indias-gdp-growth-rate-to-be-limited-to-6-5-percent-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/sp-projects-indias-gdp-growth-rate-to-be-limited-to-6-5-percent-2\/","title":{"rendered":"S&#038;P projects India&#8217;s GDP growth rate to be limited to 6.5 percent"},"content":{"rendered":"<p>Kathmandu. Global rating agency, S&#038;P Global Ratings, on Tuesday lowered India&#8217;s gross domestic product (GDP) growth forecast to 6.5 percent for the coming fiscal year. This will see economies in the Asia-Pacific region face a contraction in economic growth due to rising US tariffs and pressures from a slowdown in globalisation. <\/p>\n<p>In its Economic Outlook for Asia-Pacific (APAC) report, S&#038;P said that despite these external stresses, it expects domestic demand to remain robust in most emerging-market economies. <\/p>\n<p>&#8220;We expect India&#8217;s gross domestic product to grow by 6.5 per cent in the fiscal year ending March 31, 2026. Our forecast is similar to the previous fiscal year&#8217;s result, but lower than our earlier forecast of 6.7 per cent,&#8221; S&#038;P said in the report. The forecast predicts a normal monsoon and a slowdown in commodity prices, especially crude oil. <\/p>\n<p>A global credit rating agency expects central banks in the Asia Pacific region to continue cutting interest rates throughout the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. Global rating agency, S&#038;P Global Ratings, on Tuesday lowered India&#8217;s gross domestic product (GDP) growth forecast to 6.5 percent for the coming fiscal year. This will see economies in the Asia-Pacific region face a contraction in economic growth due to rising US tariffs and pressures from a slowdown in globalisation. In its Economic Outlook [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":246864,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-246866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/246866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=246866"}],"version-history":[{"count":0,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/246866\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/246864"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=246866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=246866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=246866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}