Page 4 - India Gdp Growth

Explained: How new GDP series will alter growth estimation methodology

India will shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards

India's GDP expected to grow between 6.8-7.2% in FY27: EY Economy Watch

India's GDP could grow between 6.8-7.2 per cent in the next fiscal, EY Economy Watch report said on Thursday. It suggested that to attain the Viksit Bharat goal by 2047, India may have to increase its tax-GDP ratio largely by improvement of tax compliance as major tax reforms have already taken place. "In the background of India's extensive bilateral trade agreements with other major economies or economic groups, India's medium-term prospects have brightened up. We estimate India's real GDP growth to be in the range of 6.8-7.2 per cent in FY27," EY India Chief Policy Advisor D K Srivastava said. The EY Economy Watch report said that major tax reforms were undertaken in the current fiscal, in particular relating to personal income tax (PIT) and the GST. Both these reforms involved a considerable amount of revenue forgone aimed at increasing household disposable incomes so that private consumption demand could be supported. "These tax reforms involved considerable sacrifice of GoI's

Moody's sees India's GDP growing 6.4% in FY27, fastest among G20 nations

Moody's Ratings on Monday projected India's GDP to grow at 6.4 per cent in the next fiscal, the fastest pace among G-20 economies, driven by strong domestic consumption, policy measures, and a stable banking system. In its banking system outlook report, Moody's said their asset quality will remain resilient, with some stress among micro, small and medium enterprises (MSMEs). Regardless, banks have sufficient reserves to absorb loan losses, it said. The operating environment for banks will remain strong in 2026, supported by robust macroeconomic conditions and structural reforms, it said. "We forecast India's real GDP will grow 6.4 per cent for fiscal 2026-27, the fastest pace among G-20 economies, driven by strong domestic consumption and policy measures. "The rationalization of the goods and services tax (GST) in September 2025 and an earlier increase in personal income tax thresholds will help improve affordability for consumers and support consumption-led growth," Moody's said.

RBI Policy: A prolonged pause on rates may already be underway

The POC stressed that excluding precious metals, underlying inflation pressures were muted and that barring volatility on account of gold and silver, core inflation was expected to remain range-bound

Why India is resetting GDP and CPI base years and what the change means

From shopping baskets to growth calculations, India is updating the base years for CPI inflation and GDP to reflect today's economy, a recalibration that will change headline numbers without altering

India's trade deals are a win, but fiscal vulnerabilities are also growing

India weathered the Trump tariff shock better than expected, but high public debt and slower fiscal consolidation pose risks even as trade deals lift growth and investor sentiment

Markets need clarity on trade deal for the rally to sustain: Shankar Sharma

The markets were looking for a reason to rally, and they have got it now in the form of India-US trade deal. Once analysts and investors settle down, they will ask more questions (on the deal)

Budget may make India an investment-led and export-capable economy

The organising idea is clear: India is no longer trying to grow fast; it is trying to grow well

Budget 2026: Onus of executing incremental capex shifting towards states

Aditi Nayar analyses the Budget's fiscal prudence, higher public capex via states, a 4.3 per cent deficit target, debt consolidation, and the impact of higher gross borrowings on bond yields

Budget 2026 keeps fiscal discipline intact; bond market faces supply stress

The tough position that the bond market finds itself reflects a much more fundamental issue, of rising government bond supply chasing limited domestic savings pool

Budget 2026 delivers well on prudence and focuses on future thrust areas

Union Budget 2026 stays focused on fiscal prudence, targets a 4.3% deficit, sustains ₹12.2 trillion capex, and backs rare earths, freight corridors, waterways and data centres, writes Madan Sabnavis

Why Budget 2026 GDP and inflation numbers may change within weeks

Key GDP and inflation metrics will be revised in February as MoSPI updates base years, meaning several assumptions underpinning Budget 2026 will be recalculated soon after the speech

In a fragile world: Economic Survey 2026 will enable informed debates

Economic Survey 2025-26 flags stronger growth but warns that global uncertainty, fiscal discipline, and lower import protection are key to sustaining momentum

Economic Survey 2025-26: India's growth outlook strong, focus on resilience

CEA V Anantha Nageswaran said that inflation is largely contained, rainfall and agricultural prospects are supportive, external liabilities remain low, and banks are in good health

India on a strong plank to show sustained growth in uncertain times

On the whole, the Survey paints a positive picture for the economy as well as outlook, though cautions more on the external environment

India's private investment is missing, and the state is crowding it out

Despite headline GDP growth, weak private capex and rising public borrowing are creating a government-led model that keeps credit scarce, raises rates, and threatens India's long-term growth momentum

India driving South Asia as world's brightest growth spot: WEF survey

Despite a modest improvement in recent months, a majority of chief economists expect global economic conditions to weaken this year but see India anchoring South Asia as the brightest growth spot despite mounting trade headwinds, a new survey showed on Friday. In its latest Chief Economists Outlook report, released ahead of the Davos annual meeting next week, the World Economic Forum said the global economic outlook has improved modestly but remains uncertain, with asset valuations, mounting debt, geo-economic realignment, and rapid deployment of artificial intelligence creating both opportunities and risks. Nearly 53 per cent of chief economists surveyed expect global economic conditions to weaken in the year ahead, down from 72 per cent in September 2025, it said. The report, drawing from consultations and surveys with chief economists from the public and private sectors worldwide, said South Asia has returned to the top of the regional growth outlook. Two-thirds of the chief ...

India remains global growth engine, will upgrade forecast soon: IMF

The IMF said India continues to anchor global growth, adding that recent economic data has outperformed expectations and could prompt a higher growth projection in its January review

2025 was a reckoning for 'experts' who claim to forecast the future

There's no shortage of forecasts for 2026, but 2025 shows why we should treat them with scepticism

India's GDP to grow at 7.5-7.8% in FY26, 6.6-6.9% in FY27: Deloitte

India is likely to clock a GDP growth of 7.5-7.8 per cent in the current fiscal, supported by festive demand and robust services activity, and moderate to 6.6-6.9 per cent in FY27 on a high base and persistent global uncertainties, Deloitte India said on Wednesday. For India, 2025 will be remembered as the year of "resilience" in domestic demand, decisive reforms in fiscal, monetary and labour policies, and recalibrations in trade policies. Real GDP grew 8 per cent in the first half (April-September) of the ongoing 2025-26 fiscal despite global headwinds such as trade disruptions, policy shifts in advanced economies, and volatile capital flows. Deloitte India expects full year GDP growth at 7.5-7.8 per cent for FY2025-26, supported by festive demand and robust services activity. Furthermore, growth may moderate to 6.6-6.9 per cent in FY2026-27, reflecting a high base and persistent global uncertainties, it said in a statement. "India's resilience is no accident. It stems from ...