S&P Global Ratings raises India's FY26 growth forecast to 6.5%, citing normal monsoon, soft oil prices, tax reliefs and monetary easing as key drivers amid global headwinds
The ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation as global energy prices are lower than last year, which will limit current account outflows and domestic energy price pressures, S&P Global Ratings said on Tuesday. S&P Global Ratings Economist Vishrut Rana said a key mitigating factor of India is that energy prices are still lower than last year --? Brent crude oil traded at roughly USD 85/barrel a year ago and current prices are still lower. "This will help contain both current account outflows and domestic energy price pressures -- while energy prices may rise moderately, the path of food prices will have a higher impact on inflation. Overall, we do not expect significant pressure on the Indian rupee or inflation," Rana told PTI. Rates of the benchmark Brent crude fell to around USD 69 a barrel after US President Donald Trump announced that Israel and Iran have agreed to a "complete and total ceasefire". Israel and Iran .
S&P raised India's FY26 growth forecast citing strong domestic demand, normal monsoon hopes, lower oil prices, and easing policy - reversing last month's downgrade over global risks
Even with oil prices ruling at $110 and $108/bbl in FY13 and FY14 respectively, the Nifty 50 managed to post a gain of 7.3 per cent and 18 per cent in each of these two fiscal years
India's 18 future arenas - from EVs and semiconductors to AI and space - could drive 30% of its GDP growth by 2040, making the country a global hub for innovation, tech, and industrial leadership
RBI Monetary Policy Committee maintained its GDP growth forecast for FY26 at 6.5%, lowered inflation forecast to 3.7%
UBS ups India's economic growth outlook on strong Q4 performance, rural demand rebound, easing trade tensions, and low oil prices
India's real GDP growth in FY26 will slide further to 6.2 per cent in FY26 from 6.5 per cent in FY25, a Japanese brokerage said on Monday. In a research report, Nomura said there is a "divergence" between the growth in GST collections and across other high-frequency growth indicators like auto sales and bank credit growth. As per the official data released last week, the real GDP growth came down to 6.5 per cent in FY25 from 9.2 per cent in FY24. The RBI sees growth sustaining at 6.5 per cent, the official data showed. "Our baseline view assumes GDP growth moderates to 6.2 per cent in FY26 from 6.5 per cent in FY25," Nomura said in its report. The Japanese brokerage revised its March 2026 Nifty target to 26,140 points, up from the previous level of 24,970 points, on the macroeconomic trends and also sought to temper concerns on valuations. "The Indian equity markets have been resilient in the recent past despite corporate earnings estimate cuts and global uncertainties," Nomura .
CEA Nageswaran says India may grow 6.3-6.8% in FY26, led by consumption and services exports, with momentum from Q4FY25 continuing into Q1FY26
While it will continue to be one of the world's fastest-growing economies, it may have to carefully balance monetary and fiscal policies to sustain its growth momentum
Without stronger domestic demand, GDP growth will continue to rely heavily on government spending, as it has for years
IMF projects India's GDP to cross Japan's in FY25; NITI Aayog chief says India will surpass Germany in 2.5-3 years to claim third-largest economy spot
Telangana Chief Minister A Revanth Reddy on Saturday said his government aims to contribute 8 per cent to the country's national gross domestic product (GDP) by 2047 and proposed creating a national task force to develop six major metropolitan cities. Reddy, speaking at the 10th governing council meeting of government think tank NITI Aayog chaired by Prime Minister Narendra Modi, said Telangana was ready to lead efforts toward achieving "Viksit Bharat" (Developed India), the government's vision for the country's centenary of independence. The Congress-ruled state currently contributes about 2.5 per cent to India's GDP despite accounting for only 2.9 per cent of the population, Reddy said. "Telangana is ready to shoulder this responsibility and lead from the front in realising the national goal of Viksit Bharat 2047," he said, referring to India's target of becoming a developed nation with a USD 30-trillion economy by its independence centenary. Reddy proposed establishing a nationa
S&P cites US tariff shocks and rising global uncertainty as reasons for trimming India's FY26 growth projection to 6.3 per cent and FY27 estimate to 6.5 per cent
Lowers South Asia's FY25 outlook and urges region's nations to carry out reforms and revenue mobilisation
Amid the ongoing tariff war and uncertainty over the US trade policy, international agencies have cut India's growth projections by up to 0.5 per cent for the current fiscal, though the country will continue to be the fastest growing major economy. India is expected to grow in the range of 6.2-6.7 per cent in the current fiscal, despite the possibility of the US economy slipping into recession, China's growth taking a heavy beating and globally, countries seeing slowing economic activity. The International Monetary Fund (IMF) and the World Bank have slashed India's growth projections for 2025-26 to 6.2 per cent and 6.3 per cent, respectively, citing uncertain global environment and high trade tensions. In January, the IMF and the World Bank had projected India to grow at 6.5 per cent and 6.7, respectively, in the current fiscal. The Indian economy is estimated to have grown 6.5 per cent in the last fiscal. As per the projections by the Reserve Bank of India, the country's economy
The silver lining amid these growth concerns is the moderation in domestic inflation
Amid the global noise, India may well emerge as a relatively safe harbour and possibly a beneficiary in the long term as global supply chains readjust
Having missed two chances to boost manufacturing, India can't afford to miss the third one now at its doorstep
Risks could 'potentially be mitigated' by trade agreement between India and the US, it says in April outlook