India Gdp Growth

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.

Global agencies raise India's FY27 growth outlook, see RBI rate hikes

Economists said revisions to GDP growth projections by these institutions were expected as the print for the June quarter was better than expected

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 FY27 growth forecast to 7%, cuts FY28 estimate to 7.1%

ADB raised India's FY27 growth forecast to 7 per cent from 6.6 per cent on strong investment and services exports, while cutting its FY28 estimate to 7.1 per cent from 7.3 per cent

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,

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

The GDP debate, redux

Despite govt's efforts, it remains difficult to assess whether the problems with the earlier GDP series have been adequately addressed

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

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 fastest-growing major economy, clocked 7.8% Q1 growth: FM Sitharaman

India recorded a "remarkable growth" of 7.8 per cent in the first quarter of fiscal year 2026-27 despite global disruptions, and against all odds, remains the fastest-growing major economy in the world, Finance Minister Nirmala Sitharaman said. Sitharaman on Wednesday participated in a high-level business roundtable with investors, organised by the Consulate General of India in New York in association with Bank of America, New York. Addressing investors, Sitharaman said that "despite global disruptions and against all odds, India continues to be the fastest-growing major economy in the world, recording a remarkable growth of 7.8 per cent in Q1 of FY 2026-27," the Finance Ministry said in a post on X. Sitharaman arrived here after participating in the G20 finance ministerial meeting in Asheville, North Carolina. Sitharaman added that with its strong reform orientation, India has also provided greater regulatory certainty through a range of reforms, including the Insolvency and ...

Best of BS Opinion: External, financial sectors need sustained engagement

Today's opinions examine India's external vulnerabilities, SCO diplomacy, the limits of industrial policy, governance questions at Tata Sons and lessons from five decades of Indian advertising

PM hails 7.8% GDP growth, urges people to avoid buying gold, foreign trips

Prime Minister Narendra Modi on Tuesday applauded the country's people for the 7.8 per cent GDP growth rate, calling the feat particularly impressive, coming against the backdrop of global turmoil, geopolitical conflicts, and supply chain disruptions. In a video message on Instagram, the prime minister also slammed those spreading "jhooth ki goonj" (an apparent riff on Rahul Gandhi's 'Chhatron ki Goonj' campaign), saying the latest GDP growth rate tore through the narrative of "pessimism" about the Indian economy. Modi said India must maintain the growth momentum and continue working towards greater self-reliance and 'Swadeshi'. "We must maintain this momentum. We must keep moving forward, and for that, becoming Atmanirbhar Bharat is essential," he said. The prime minister said if people continue to stress on Swadeshi and self-reliance, the country's youth will be presented with a developed India in the 100th year of Independence. He also asked people not to go for foreign holiday

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

Investment, consumption spearhead strong uptick despite West Asia crisis effects

The Growth Surprise: Another blockbuster GDP print for India

India's economy has shown resilience despite tariffs and the West Asia conflict, with strong domestic demand, healthier balance sheets and investment supporting growth

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

Beating the odds

The data from the expenditure side showed that private final consumption expenditure increased 7.1 per cent during the quarter, an improvement over the previous year but below the headline rate

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