GDP Growth

India is likely to clock a GDP growth of 7.5-7.8 per cent in the current fiscal, supported by festive demand and robust services activity, and moderate to 6.6-6.9 per cent in FY27 on a high base and persistent global uncertainties, Deloitte India said on Wednesday. For India, 2025 will be remembered as the year of "resilience" in domestic demand, decisive reforms in fiscal, monetary and labour policies, and recalibrations in trade policies. Real GDP grew 8 per cent in the first half (April-September) of the ongoing 2025-26 fiscal despite global headwinds such as trade disruptions, policy shifts in advanced economies, and volatile capital flows. Deloitte India expects full year GDP growth at 7.5-7.8 per cent for FY2025-26, supported by festive demand and robust services activity. Furthermore, growth may moderate to 6.6-6.9 per cent in FY2026-27, reflecting a high base and persistent global uncertainties, it said in a statement. "India's resilience is no accident. It stems from ...

Assam has emerged as India's fastest-growing state economy over five years, but a low base, fiscal pressures and social challenges temper the headline growth story

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

Stronger-than-expected FY26 growth gives India a rare Goldilocks moment, but sustaining the momentum in FY27 will hinge on policy coordination amid global uncertainty

In absolute terms at current prices, the economy is projected to attain the size of ₹357.14 trillion, which is marginally higher than the level assumed in the 2025-26 Budget

The First Advance Estimates provide the earliest projection of annual economic growth by the statistics ministry and forms the base for key FY27 Budget calculations

External demand is expected to fare better in FY27 than in FY26, aided by recently concluded trade agreements with the UK, New Zealand and Oman, and the prospect of a US trade deal later in the fiscal

India Ratings & Research (Ind-Ra) on Tuesday projected Indian economy to grow at 6.9 per cent in the 2026-27 fiscal year beginning April 1 saying key reforms like GST and income tax cuts, and trade pacts will act as economic catalyst and shield economy from global turbulence. The economy will continue to be in 'Goldilocks' situation of high growth and retail inflation averaging 3.8 per cent in the next fiscal as well, and Indo-US trade deal with reduced tariffs will add to the GDP growth numbers, said Ind-Ra, Chief Economist, Devendra Kumar Pant. For the current fiscal, Ind-Ra projected real GDP growth at 7.4 per cent, while nominal GDP expansion at 9 per cent. Ind-Ra expects the Indian Rupee to average 92.26 to a dollar in FY27, higher than 88.64 to a dollar in the current fiscal. The Union government's debt as a percentage of GDP is projected to come down to 55.5 per cent in FY27, from an estimated 56.3 per cent in the current fiscal. The government estimates to bring down debt

While future Budgets will continue to specify annual fiscal deficit numbers, these will now be derived from the debt target rather than serving as the primary target

High-frequency indicators for November show economic activity remained resilient with robust demand, even as RBI flagged global uncertainties and moderated growth momentum ahead

The four labour codes enforced in November are suitable for the present nature of employment as well as the kind of economic growth happening in the country, a senior official said on Friday. Addressing the National Logistics Summit 3.0 organised by PHDCCI, Union Labour Secretary Vandana Gurnani termed the new labour codes as a game-changer for a dynamic economy. The complexities and the outdated laws have been done away with, and rules are now being streamlined into four codes enacted in 2019-20 and activated from November 21, 2025, she pointed out. She said, "These codes are now fit for purpose in terms of what the current nature of employment is, and the significant economic growth India is witnessing." Gurnani mentioned about easing of various compliance norms, including the reduction in the number of registrations from 8 to one, 31 returns to one, and 87 registers to eight. She emphasised that the new codes will ensure minimum wages, mandatory appointment letters, and enhance

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

Brookfield commits ₹75K cr for Bharat Future City

India has made the first leg very efficient; the next phase should be to gradually strengthen the second and third

RBI Governor Sanjay Malhotra said the central bank does not target exchange-rate levels and intervenes only to curb abnormal volatility

The most significant change in the December policy meeting was the reduction of the repo rate, the interest rate at which the RBI lends money to commercial banks

Despite strong real growth, slowing nominal GDP and a sharply weaker deflator raise fiscal concerns, challenging Budget assumptions for FY26

Finger talks about the task ahead for the 16th Finance Commission, impact of artificial intelligence (AI), and more

India's current account deficit narrowed sharply in Q2FY26 on lower trade gaps and strong remittances. But a spike in gold imports in October could push the Q3 deficit above 2.5 per cent of GDP

Today's Best of BS Opinion looks at India's real GDP growth contrasts with weak nominal growth, persistent air pollution, confusion over AI , and uncertain labour-code implementation and more