India Gdp

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 ...

From agriculture to services: How India's economy transformed over 80 years

India's economy has undergone a major transformation over eight decades, moving from an agriculture-led model towards a more diverse, services-driven economy

India 6th-largest economy in world with $3.92 trn GDP: Govt tells Parl

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

India growth seen slowing to 6.6% in FY27, says Fitch Group company BMI

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

Improved balance of risk supports RBI to remain on wait & watch mode

The balance of risk improved as downside risk to growth declined along with upside risk to inflation, according to Gaura Sengupta, chief economist at IDFC First Bank

Corrosion costs India ₹14.1 trn annually; infra, energy worst-hit: Report

A Nomura report estimates that corrosion costs India ₹14.1 trillion annually, adding that better corrosion-management practices could potentially save the economy nearly ₹5 trillion every year

India's GDP likely grew 6.4-6.6% in Q1 FY27 despite cost pressures: Icra

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

Deloitte projects India's FY27 GDP growth at 6.5-6.8%, sees H2 recovery

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

ADB cuts India's FY27 GDP growth forecast to 6.6%, cites West Asia tensions

The Asian Development Bank lowered India's FY27 growth forecast to 6.6 per cent, citing higher energy prices amid West Asia tensions, while retaining its FY28 projection at 7.3 per cent

​BofA Securities sees Brent crude oil averaging at $72 a barrel in H2CY26

For India, BofA Securities has raised the 2026 GDP (gross domestic product) forecast to 7 per cent from the 6.2 per cent forecasted in April. For 2027, it now pegs the GDP growth at 7 per cent.

Goldman Sachs lifts India GDP forecast to 6.8% for 2026 after US-Iran deal

The brokerage raised India's GDP forecast, while cutting its inflation estimate to 4.4% and current account deficit forecast to 1.1% of GDP, on falling crude oil prices after the US-Iran peace deal

S&P cuts India FY27 growth forecast to 6.6% on energy stress, weak monsoon

S&P Global Ratings on Wednesday said energy stress, sub-par monsoon and slowing global growth will pull down India's GDP growth to 6.6 per cent in the current fiscal. The Indian economy recorded 7.7 per cent growth in the 2025-26 fiscal and 7.1 per cent in 2024-25. "We project real GDP growth will slow to 6.6 per cent in the fiscal year ending in March 2027, compared with 7.7 per cent in fiscal 2026, amid the energy stress, expectations of a sub-par monsoon, and slowing global growth," S&P said in its report. S&P's FY27 growth projection is in line with the RBI estimate of 6.6 per cent. The impact of El Nino has weakened monsoon rains, with the rainfall deficit widening to 43 per cent by June 22. To deal with deficient monsoon, the government has drawn up state-wise contingency plans recommending alternative crops suited to deficient rainfall conditions. India imports 88 per cent of its crude oil needs, and a rise in global prices increases its import bill and stokes ...

Govt may allow wider fiscal deficit to 4.8% of GDP amid Iran war: Report

India ships in about 90 per cent of ​its oil and is one of the countries most-exposed to prolonged Iran war-related ‌disruptions to global energy supplies