India Gdp

India growth may slow in H2 FY27 as inflation, liquidity pose risks: DBS

India's economy is likely to lose some momentum in the second half of fiscal 2026-27 as tighter financial conditions, elevated energy prices and unfavourable base effects weigh on activity, while broadening inflation pressures could keep monetary policy focused on price stability, DBS Bank economist Radhika Rao said. India started FY27 (April 2026 to March 2027 fiscal year) on a strong footing, with the economy growing 7.8 per cent year-on-year in the first quarter, supported by resilient domestic demand, consumption, public capital expenditure and manufacturing, Rao, Senior Economist and Executive Director at DBS Bank, said in an assessment of the macroeconomic outlook. DBS expects full-year FY27 growth to average 7.3 per cent, compared with a revised 7.8 per cent for FY26, she said. High-frequency indicators including goods and services tax collections, e-way bills, electricity demand and digital payments have remained resilient, suggesting domestic activity continues to hold up,

India's GDP will rise to $38 trillion in 20 years, says Ajit Doval

National Security Advisor (NSA) Ajit Doval said on Saturday that India's GDP would increase from the current USD 4.015 trillion to USD 38 trillion in the next 20 years. Addressing the convocation ceremony of the Indian Institute of Technology (IIT) Roorkee as the chief guest, Doval said that the students are fortunate to be living in a transformative era where their future holds great promise. Citing the example of Lord Ram, the NSA urged students to be courageous in their lives. He said that sage Vishwamitra chose Lord Ram to annihilate demons because of his courageous nature. "Massive changes are taking place in India, and the country is moving towards a magnificent future," the NSA said. "As the prime minister has termed the period leading up to 2047 as 'Amrit Kaal', it is truly a wonderful Amrit Kaal. India's current GDP stands at USD 4.015 trillion, and it will reach USD 38 trillion in the next 20 years," Doval added. Doval also shared an anecdote from his early career days w

Moody's raises India FY27 growth forecast to 7%, flags inflation risks

Moody's cites stronger-than-expected economic activity and resilience to the West Asia conflict, but warns elevated energy prices could push inflation above its forecast

Moody's raises India FY27 GDP growth forecast to 7% on W Asia resilience

The agency said elevated energy prices and ‌El Niño-related food price pressures pose risks to inflation, consumption and growth

Understanding double deflation: What it does and why it matters

India's new GDP series uses double deflation to measure real growth more accurately by separately accounting for changes in output and input prices

The GDP combat sport

The dispute concerns methodology, base years, deflators, and the various adjustments required to convert the bewildering activity of 1.4 billion people into a single number

Weekly economy wrap: GDP beats estimates, but inflation risks remain

India's economy started FY27 on a strong footing, but questions emerged over the 7.8 per cent GDP growth in Q1 and the methodology behind it

PM says India's 7.8% GDP growth reflects economic strength, slams critics

Speaking at the centenary celebrations of SRCC in Delhi, PM Modi said the growth figure had boosted confidence in the economy despite the war in West Asia and global trade challenges

Best of BS Opinion: India's tightrope walk on the dollar, BRICS finance

Today's opinions examine India's cautious move away from dollar dependence, questions around the new GDP series, middle-class anger over ethanol-blended petrol and the societal risks posed by AI.

India's data centre boom may add just 0.13% to GDP by 2030: Moody's

Despite billions of dollars in announced data centre investments, India's GDP gains may remain limited by 2030 as high import dependence curbs domestic value addition and job creation

Methodology of new GDP series is questionable, says Pronab Sen

Pronab Sen, the first chief statistician of India, in a telephonic conversation with Asit Ranjan Mishra, explains his key concern about the latest gross domestic product (GDP) data and the criticism h

Govt issues FAQs on GDP revision, explains new series and methodology

The government has revised the GDP estimate for Q1 FY2025-26 following the introduction of a new GDP series with 2022-23 as the base year

India's GDP grows 7.8% in Q1FY27 despite disruptions from West Asia crisis

Investment, consumption spearhead strong uptick despite West Asia crisis effects

Datanomics: Subsidies weigh on GDP growth despite strong GVA expansion

India's GDP grew 7.8% in Q1FY27, below 8.2% GVA growth as subsidies restrained net indirect tax growth, widening the gap between the two measures

Reaping benefits of reforms in very uncertain global environment: CEA

CEA V Anantha Nageswaran says strong manufacturing, services and exports underscore India's economic resilience despite global uncertainty and energy risks

GDP data, crude oil prices likely to drive stock markets in week ahead

Trading sentiment in the stock market this week will be largely guided by the domestic GDP data announcement, crude oil prices, and the US non-farm payrolls report, analysts said. Besides, macroeconomic data announcements, auto sales numbers and trading activity of foreign investors would also guide movement in the market going ahead, they added. "The coming week is expected to remain highly eventful, with domestic GDP data and global economic releases likely to determine market direction. India's Q1 FY27 GDP data will be released on August 31. Investors will also monitor India's August manufacturing and services PMI readings, GST collections, foreign exchange reserves and movement in the rupee," Ajit Mishra SVP, Research, Religare Broking Ltd, said. US employment data will remain the most important trigger, with the August non-farm payrolls report scheduled for September 4, he said. "The outcome could significantly influence expectations regarding the Federal Reserve's September

Why India's 7% growth may not be enough for 2047 developed nation goal

India needs 9.25% growth rate to meet PM Modi's 2047 developed-nation goal, according to Ashok Lahiri, a senior official at the country's apex government-run think-tank

India's economic growth likely slowed to 7.1% in April-June quarter: Poll

Risks to the outlook for Asia's third-largest economy, which imports more than 85 per cent of its oil, have increased as crude prices are above $90 a barrel and may climb higher

Weak rains, services likely eased Q1 economic growth to 4-quarter low

India's GDP growth is likely to ease to around 7.2% in Q1 FY27, a four-quarter low, amid softer services activity and a delayed monsoon despite resilient domestic demand

India's growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino risks

India Ratings & Research on Tuesday projected India's GDP growth to slow down to 6.8 per cent in the current fiscal year, as against 7.6 per cent in the previous year, citing risks from fuel and food inflation stemming from West Asia conflict's uncertainty, weak currency, and the likely impact of El Nino on agriculture. The FY27 GDP growth projection at 6.8 per cent is a tad higher than the 6.7 per cent growth Ind-Ra had projected in May. Earlier this month, the Reserve Bank of India (RBI) had raised growth projections from 6.6 per cent to 6.7 per cent citing resilient domestic economy. The domestic rating agency said it now estimates average crude oil price at USD 85/bbl in FY27 compared to USD 95/bbl in May 2026. It expects rupee-dollar exchange rate to average Rs 93.98 (May 2026: Rs 94.28), a depreciation of 6.4 per cent YoY, in FY27. Fitch Group subsidiary Ind-Ra estimates capital flows of USD 70 billion under foreign currency non-resident (bank) (FCNR B) and external ...