GDP Growth

SBI's nowcasting model showed 86 per cent of 54 high-frequency indicators accelerating in Q1FY27, while government capital expenditure remained supportive in the quarter

The International Monetary Fund (IMF) in its World Economic Outlook for April 2026 noted India's nominal GDP at USD 3.92 trillion for 2025-26, which makes India the sixth-largest economy in the world, Parliament was informed on Tuesday. "The IMF's rankings are based on nominal GDP measured at prevailing US Dollar exchange rates. Consequently, the relative ranking of economies can change due to a combination of factors, including economic growth, movements in exchange rates and prices, revisions to national accounts and changes in the size and growth of other major economies," Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya Sabha. The government has adopted a broad-based strategy to enhance the growth potential of the Indian economy, he said. The strategy focuses on enhancing agricultural productivity, promoting manufacturing through initiatives such as the Production-Linked Incentive Schemes and relaxing Quality Control Orders, strengthening MSMEs

Fitch Group company BMI on Tuesday projected India's growth to slow to 6.6 per cent in the current fiscal as the boost to the economy from last year's GST reforms wanes and elevated inflation erodes household income. The Indian economy grew 7.7 per cent in financial year 2025-26. India remains Asia-Pacific's fastest-growing large economy, but the risks lie to the downside, mainly from a re-escalation in the Middle East or a weaker monsoon, BMI said. It said India's growth will slow in FY27 as the fiscal boost from GST reforms fades and inflation remains elevated, averaging 5.4 per cent. "We expect growth to moderate from 7.7 per cent in FY2025/26 (April-March) to 6.6 per cent in FY2026/27, as the lift from last year's Goods and Services Tax reforms wears off while elevated inflation erodes household incomes," BMI said. As part of the GST reforms rolled out in September last year, tax rates on 375 items were cut and GST was rationalised from a 4-tier structure to virtually 2 slabs

Domestic private companies accounted for 86 per cent of investment announcements between April 1 and August 5, while ITES led with Rs 14.98 trillion in proposed capex

NITI Aayog Vice-Chairman Ashok Lahiri says India must sustain 9.25 per cent annual nominal growth for 21 years, backed by reforms, to achieve developed-country status by 2047

The RBI is more likely to use temporary liquidity absorption tools than tighten its policy stance or rates ahead, while system liquidity should improve as government spending accelerates.

Any further policy tightening is likely to remain contingent on a sustained rise in energy prices or evidence of broader, demand-driven inflationary pressures.

The Fitch Solutions unit says higher food prices could push up inflation and curb GDP growth as El Niño and West Asia tensions threaten agricultural output and input costs

Thirty-five years after the 1991 reforms, India needs a new reform wave focused on deregulation, stronger state capacity, judicial efficiency and faster growth

Economic activity rose to a 32-month high in June, but Icra expects GDP growth to moderate from 7.8 per cent in Q4 FY26 amid pressure on margins in key sectors

The IMF warns that rising oil prices from West Asia tensions and an El Nino-hit monsoon pose key downside risks to India's 2026-27 economic growth outlook

Trade policy review says India must lower trade costs, bridge infrastructure gaps and deepen global integration to sustain growth and achieve developed-country status by 2047

India can unlock 8-9 per cent economic growth by accelerating structural reforms to reduce the cost of doing business and the cost of financing, former Chief Economic Adviser Krishnamurthy V Subramanian said on Monday. He called for implementing factor market reforms in land, labour, and capital, as well as judicial and bureaucratic reforms. "Macroeconomic stability got India to 7 per cent growth. Institutional reforms can take India to 9 per cent," Subramanian said told PTI in an interview. "India achieved above-8 per cent growth when private investment as a share of GDP was more than 30 per cent. We are currently at around 22-23 per cent, 7-8 per cent short of the target," he said. "We will then leapfrog from 7 to 9 per cent growth!" Subramanian said, adding that the public capital expenditure of the last five years has laid the infrastructure that private investment follows, and the banking system with gross NPAs near multi-decade lows is ready to support it. Subramanian, who .

Deloitte India on Sunday projected India's economy to grow at 6.5-6.8 per cent in the current fiscal, with growth expected to strengthen in the second half of the year supported by festive demand, monetary easing, and a gradual stabilisation in global conditions. In its latest edition of Economic Outlook report, Deloitte said India entered 2026 in a Goldilocks phase, with macroeconomic fundamentals appearing unusually well balanced, but geopolitical developments altered the global landscape with tensions in the Middle East disrupting critical shipping routes, triggering volatility in commodity prices and weakening investor sentiment. This resulted in a wider trade deficit, sustained capital outflows, and a sharp depreciation of the rupee against the US dollar within a matter of weeks. Against this backdrop, the RBI had last month lowered India's GDP growth estimates for current fiscal to 6.6 per cent, from 6.9 per cent estimated earlier. GDP grew 7.7 per cent in the previous (2025-2

Human capital - not geography, culture or natural resources - now explains why some nations become wealthy while others remain stagnant

The move follows the latest IIP data set, which marked the shift from the WPI to the output PPI as the deflator for item groups where the output is collected in value terms

Doubling down on the National Initiative for Proficiency in Reading with Understanding and Numeracy will yield long-lasting growth multipliers

The report said the cessation of the conflict in West Asia had also brightened the growth outlook and reduced external deficit risks

CII has asked the govt to implement reform measures across sectors to boost "speed of doing business" as the industry is bothered about bottlenecks in multi-modal infra and high power costs, he said

Recent policy measures likely to push up sovereign debt demand