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<h1>S&P Global Ratings Cuts India's 2026 GDP Growth Forecast to 6.5% Amid Global Economic Challenges and Rising US Tariffs.</h1> S&P Global Ratings has revised India's GDP growth forecast for the fiscal year ending March 2026 to 6.5%, down from an earlier estimate of 6.7%. This adjustment reflects anticipated economic challenges in the Asia-Pacific region due to rising US tariffs and a global pushback against globalization. Despite these pressures, domestic demand in emerging markets like India is expected to remain robust, aided by cooling food inflation, tax benefits, and lower borrowing costs. The Reserve Bank of India is projected to further reduce interest rates by 75-100 basis points to support economic growth.