<h1>Ratings Agency Raises FY26 GDP Forecast to 6.9% from 6.5%, Implications for Fiscal Planning and Credit Covenants</h1> A ratings agency raised the country's FY26 GDP growth forecast to 6.9% from 6.5% after stronger-than-expected Q2 output and domestic demand, while projecting slower growth in FY27-FY28. Legally relevant implications include potential effects on sovereign credit assessments, government fiscal planning and budgetary commitments, debt issuance and market disclosure obligations, and central bank policy considerations that may trigger regulatory or administrative responses. Stakeholders with contractual covenants tied to macroeconomic or credit metrics should review trigger clauses and disclosure duties; regulators may reassess systemic risk and fiscal compliance monitoring in light of the revised outlook.