GDP

They can help ensure that India remains on a high-growth trajectory over the next two decades

The report suggests that growth in aggregate revenue receipts slowed to 7.2 per cent year-on-year during April-November 2025

India's economy is expected to grow at 7.5 per cent in 2025-26 with upward bias, marginally higher from NSO's estimate of 7.4 per cent, according to a report by State Bank of India. The First Advance Estimates released by National Statistics Office (NSO) on Wednesday put GDP growth in 2025-26 at 7.4 per cent as compared to 6.5 per cent in the previous fiscal. The RBI has projected the growth rate at 7.3 per cent. The gross value added (GVA) growth is estimated at 7.3 per cent and nominal GDP expansion at 8 per cent. Historically, the difference between Reserve Bank's estimate and NSO's estimate is 20-30 basis points and hence the 7.4 per cent estimate is quite expected and reasonable, said the research report from SBI's Economic Research Department. "We, however, believe that GDP growth for FY26 would be around 7.5 per cent with upward bias. The second advance estimates, incorporating additional data and revisions, are scheduled to be released on February 27, 2026. "So, all these

Nominal growth expected at 8%, slowest since FY21; fiscal deficit target likely to be met

The Budget estimates for this year had assumed a nominal GDP growth of 10.1 per cent

Prime Minister Narendra Modi on Wednesday said India's "Reform Express" is gaining momentum, powered by the NDA government's investment policies as the economy is projected to grow at 7.4 per cent in the fiscal year 2026. "India's Reform Express continues to gain momentum. This is powered by the NDA Government's comprehensive investment push and demand-led policies," Modi said in a post on X. The First Advance Estimates released by the Ministry of Statistics and Programme Implementation on Wednesday put the GDP growth rate in 2025-26 (April 2025 to March 2026) at better than the 7.3 per cent forecast of the Reserve Bank of India (RBI) and the government's initial projection of 6.3 to 6.8 per cent. "Be it infrastructure, manufacturing incentives, digital public goods or 'Ease of Doing Business', we are working to realise our dream of a prosperous India," the prime minister said.

The projection formed part of India's first advance estimate of gross domestic product (GDP), which is subject to revisions as data coverage improves

After nearly 18 months of lukewarm performance, the FMCG sector registered a volume growth of 5.3 per cent in the August-October period of 2025

RBI says household debt rose to 41.3% of GDP at end-March 2025, led by consumption-oriented retail loans, even as net financial savings improved in Q4 FY25

India's consumption story spans mass and class markets alike, with demand spread across regions and incomes, calling for better tracking of household cash flows rather than outdated binaries

Once known for controversial land acquisition, the Kalinganagar industrial unit in Odisha now accounts for as much as 20% of approved new investments in the state. But for many locals, unease persists

10 states with the highest debt to GSDP ratio have debt levels above 30% of GSDP

CareEdge Ratings expects 7% growth in FY27, citing a possible US-India trade deal, low inflation and strong capex, while warning US tariffs could weigh on goods exports

Study by NCAER and Prosus finds sector growing faster than economy, boosting restaurants and labour markets

The finance minister stressed that fiscal management remains a priority and must be consistently upheld year after year

For the RBI, it makes its job very difficult. To target inflation effectively, the RBI must set interest rates based on its inflation outlook

The report concluded that although international policy consensus was shifting towards multiple-target, multiple-instrument frameworks, India should first focus on reducing the then high inflation

The Chinese leader also warned that 'inefficient' investment, which results in projects being abandoned as soon as they are completed, must be prevented

India may see a goldilocks 2026 with strong growth and low inflation, but sustaining this balance will hinge on reforms, RBI policy support, fiscal consolidation and easing external pressures

India, with a high GDP growth and recent GST reduction, presents "massive" opportunities for British multinational consumer goods maker Unilever and its Indian arm Hindustan Unilever, according to a top company official. The companies believe they will be the main beneficiaries of a much more dynamic economic environment in India, said Unilever Chief Executive Officer Fernando Fernandez. Indian consumption was significantly affected over the last three years due to double-digit food inflation, said Fernandez in a JP Morgan Fireside Chat. "I feel the government in India has taken very relevant measures lately. So, GST reduction, that is the VAT of India, personal income tax reduction, interest rate reduction, when the government does something like this, it's because things in the economy are not right, and really that's what's happening the last couple of years," he said. Moreover, there is some food deflation and have seen immediately in the Indian GDP growth. "I think in the las