India Gdp

IMF raises India's FY27 growth forecast to 7% on strong domestic demand

The IMF raised its FY27 growth forecast for India, citing resilient domestic demand and robust services activity, and lifted its FY28 projection to 7 per cent from 6.7 per cent

Govt's free trade push could lead to $140 billion GDP gain for India

The surge in US tariffs since President Donald Trump returned to the White House in January 2025 is redrawing global trade links

IMF raises India's growth forecast to 7% in FY27 on strong domestic demand

The IMF has raised India's FY27 growth forecast to 7% from 6.4%, citing resilient domestic demand and robust services activity, and lifted its FY28 projection to 7%

Markets pricing an excessive 125bps rate hike over the next one year: Nomura

Beyond February 2027, Nomura expects the probability of further rate increases to diminish, citing the potential for a slowdown in consumption.

OECD raises India's GDP growth forecast to 7.1% citing resilient demand

The Organisation for Economic Co-operation and Development (OECD) on Wednesday raised India's GDP growth projection for current fiscal by 80 basis points to 7.1 per cent citing resilient domestic demand and government policies that cushioned households and firms from the impact of higher energy prices. In June, the Paris-based inter-governmental body had projected the Indian economy to grow at 6.3 per cent in 2026-27. OECD said structural policy reforms that enhance the ability of economies to cope with supply side disruptions are also a key priority for governments at the current juncture. With regard to India, OECD in its Interim Economic Outlook said growth in several G20 emerging market economies, such as India, was underpinned by resilient domestic demand and government policies that cushioned households and firms from the impact of higher energy prices. "Despite recent strong momentum, reduced purchasing power is also expected to weaken growth in India through the second half

ADB raises India's FY27 GDP growth forecast to 7% on strong Q1 growth

The Asian Development Bank (ADB) on Wednesday raised its forecast for India's economic growth in the current fiscal to 7 per cent, up from 6.6 per cent projected in July, citing stronger-than-expected economic performance in the first quarter despite supply-side disruptions caused by West Asia crisis. In its Asian Development Outlook (ADO) September 2026, the multilateral lender said, "The revision reflects India's stronger-than-expected economic performance, with GDP expanding by 7.8 per cent year-on-year in the first quarter of FY2026 (2026-27), supported by robust investment demand, resilient consumption, and solid growth in manufacturing and service sectors." The economy has also benefited from lower-than-expected supply disruptions, sustained capital inflows, and limited pass-through of higher input cost to consumer prices, which helped cushion the impact of the conflict in the Middle East, the report said. The ADB's latest projection marks an upward revision of 0.4 percentage

S&P raises India FY27 GDP growth forecast to 7%, sees 25 bps RBI rate hike

S&P Global Ratings on Wednesday raised India's GDP growth projections for the current fiscal to 7 per cent, citing robust economic activity and forecasting that the RBI could hike interest rates by 25 basis points in FY27. In its Economic Activity for Asia Pacific report, S&P estimates consumer inflation to average 5.1 per cent in FY27. The Indian economy grew higher than expected at 7.8 per cent in the June quarter. S&P said factors like robust industrial activity, healthy consumption, strong goods exports, and accelerating government investment have driven the growth. "We have consequently upgraded our GDP growth forecast for the current fiscal year, ending March 31, 2027, to 7 per cent, from 6.6 per cent previously," S&P said, adding growth could ease in the second half of the fiscal year as the tailwinds from General Sales Tax rationalisation and income tax cuts diminish. Weather-related risks warrant close monitoring. Cumulative rainfall was 15 per cent below ...

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