India’s FY26 GDP growth forecast cut to 6.3% from 6.5%: S&P Global

S&P Global Ratings today cut India’s GDP growth forecast by 0.2 pp to 6.3 per cent for FY26 citing uncertainty over the US tariff policy and downside risks from its spillover.
It projected India’s FY27 growth at 6.5 per cent.
In March, it had lowered the FY26 growth forecast to 6.5 per cent from 6.7 per cent.
It projected Indian rupee-USD exchange rate to be 88 by 2025-end from 86.64 in 2024.Read More

02.05.2025Comments Off
US’ Columbia Sportswear posts modest Q1 growth, led by LAAP and EMEA

Columbia Sportswear has reported net sales of $778.5 million in Q1 2025, up 1 per cent YoY, led by strong growth in LAAP and EMEA regions.
Gross margin rose to 50.9 per cent, while operating income grew 4 per cent to $46.5 million.
Amid US tariff uncertainties, the company withdrew its full-year forecast but projects Q2 sales between $575–$600 million, reflecting 1–5 per cent growth.Read More

02.05.2025Comments Off