CareEdge revises upward India's FY26 GDP growth forecast to 7.5%

CareEdge Ratings has raised India's FY26 GDP growth forecast to 7.5% from 6.9%, citing stronger-than-expected first-half performance. Despite this upward revision, economic activity is expected to moderate in the latter half of the fiscal year. The rating firm also anticipates the rupee to trade between 89-90 against the dollar in FY27.