NEWS DETAILS

Date: 03/04/2025

India’s GDP to be the highest in FY26: Moody’s

India’s estimated 6.5% economic growth for FY26 will be the highest among both advanced and emerging G-20 countries, supported by tax measures and continued monetary easing, according to Moody’s Ratings. Amid US reciprocal tariff threats, Moody’s noted that large emerging markets like India and Brazil are better positioned to attract and retain global capital in risk-averse conditions. This resilience stems from their large, domestically oriented economies, deep domestic capital markets, moderate policy credibility and substantial foreign exchange reserves. India has a low external vulnerability indicator (EVI) of 61%, indicating its relatively lower susceptibility to external financial shocks. This is supported by its relatively modest external debt-to-GDP ratio of 19% and low export dependency on the US (about 2% of GDP), as per a report.
 
Source: Exim News Service: New York, April 2