fintech / news / / The Economic Times
Geopolitical tensions in West Asia are impacting India's economy, leading UBS Securities to lower its GDP growth forecast to 6.2%.
UBS Securities has lowered India's GDP growth forecast for FY25 from 6.7% to 6.2%.
KEY POINTS
- CPI inflation forecast for India has been revised upward from 4.6% to 5.2% by UBS.
- Supply-side disruptions, such as a 25% contraction in fertiliser production, are already visible.
- India's fiscal deficit could temporarily overshoot the 4.4% target by 20–30 basis points if energy shocks persist.
- Even with de-escalation, inflation pressures in India may outlast growth disruptions.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →