Byjus 1

Byjus  2

| **Key Aspect**            | **Details**                                                                 |
|---------------------------|-----------------------------------------------------------------------------|
| **Revised GDP Forecast**   | **S&P Global** revised India's **FY26 GDP growth forecast** to **6.5%** (down from 6.7%). |
| **Previous GDP Growth**    | Matches the growth rate of the **previous financial year**.                 |
| **Economic Assumptions**   | Assumes a **normal monsoon season** and **stable commodity prices** (especially crude oil). |
| **Supporting Factors**     | **Cooling food inflation**, **tax benefits from FY26 Budget**, and **lower borrowing costs** to boost consumption. |
| **RBI's Monetary Policy**  | **RBI** expected to cut **interest rates** by **75-100 bps**; easing inflation to help meet the **4% target**. |
| **US Tariffs Impact**      | **India's services exports** to the US remain resilient; **goods-dependent economies** (e.g., China, Malaysia, Singapore, South Korea) more affected. |


Key Aspect	Details
Revised GDP Forecast	S&P Global revised India's FY26 GDP growth forecast to 6.5% (down from 6.7%).
Previous GDP Growth	Matches the growth rate of the previous financial year.
Economic Assumptions	Assumes a normal monsoon season and stable commodity prices (especially crude oil).
Supporting Factors	Cooling food inflation, tax benefits from FY26 Budget, and lower borrowing costs to boost consumption.
RBI's Monetary Policy	RBI expected to cut interest rates by 75-100 bps; easing inflation to help meet the 4% target.
US Tariffs Impact	India's services exports to the US remain resilient; goods-dependent economies (e.g., China, Malaysia, Singapore, South Korea) more affected.

S&P Global Revises India's GDP Growth Forecast for FY26 to 6.5%