With inflation expected to rise back to above 4 per cent by Q4-FY26, the Monetary Policy Committee has capitalised upon the available headroom to frontload rate action
RBI Monetary Policy Committee maintained its GDP growth forecast for FY26 at 6.5%, lowered inflation forecast to 3.7%
The OECD cuts India's FY26 growth forecast to 6.3%, citing risks from rising US tariffs and trade tensions, but expects private consumption to strengthen with rising incomes and moderate inflation
UBS ups India's economic growth outlook on strong Q4 performance, rural demand rebound, easing trade tensions, and low oil prices
India's real GDP growth in FY26 will slide further to 6.2 per cent in FY26 from 6.5 per cent in FY25, a Japanese brokerage said on Monday. In a research report, Nomura said there is a "divergence" between the growth in GST collections and across other high-frequency growth indicators like auto sales and bank credit growth. As per the official data released last week, the real GDP growth came down to 6.5 per cent in FY25 from 9.2 per cent in FY24. The RBI sees growth sustaining at 6.5 per cent, the official data showed. "Our baseline view assumes GDP growth moderates to 6.2 per cent in FY26 from 6.5 per cent in FY25," Nomura said in its report. The Japanese brokerage revised its March 2026 Nifty target to 26,140 points, up from the previous level of 24,970 points, on the macroeconomic trends and also sought to temper concerns on valuations. "The Indian equity markets have been resilient in the recent past despite corporate earnings estimate cuts and global uncertainties," Nomura .
India's economy and technological prowess are on a steady path, but it faces external challenges in the form of both policies and nations
Dharmakriti Joshi, chief economist, Crisil says that consumption growth outpaced GDP, primarily driven by robust rural demand supported by a strong agricultural sector.
CEA Nageswaran says India may grow 6.3-6.8% in FY26, led by consumption and services exports, with momentum from Q4FY25 continuing into Q1FY26
India has remained the fastest-growing major economy for the fourth straight year, driven by strong manufacturing, services, and farm sector growth, the finance minister said
RBI had pegged the fourth quarter's GDP growth at 7.2%, and FY25 at 6.6%
Rural consumption improved during the quarter, while urban demand indicators remained mixed
Central bank's outlook for the Indian economy remains promising in 2025-26, supported by revival in consumption demand, government capex
India has become the 4th largest economy in the world, overtaking Japan, NITI Aayog has reported, citing IMF data.
In fact, consumption of alcoholic beverages grew at the fastest pace since 2011-12 when the current GDP data series was launched
Nithin Kamath says India must focus on boosting labour participation, productivity, and R&D spending to achieve sustainable, long-term growth
Industrial sector expansion is, however, expected to remain subdued
Fitch Ratings raises India's medium-term growth forecast to 6.4% citing higher labour force participation, even as it trims projections for most emerging markets
Report highlights India's growth potential through manufacturing reshoring and energy security amid global trade uncertainty and protectionist policies
ICRA on Monday projected India's GDP growth at 6.9 per cent in the quarter ended March 31, and at 6.3 per cent for the full 2024-25 fiscal, undershooting the the National Statistics Office (NSO) estimates made in February. In February, the NSO had projected the Indian economy to grow at 6.5 per cent in 2024-25. With economic growth in June, September and December quarter at 6.5 per cent, 5.6 per cent and 6.2 per cent respectively. To achieve the NSO's projected 6.5 per cent growth in FY25, the GDP growth in Q4 or March quarter should be 7.6 per cent. The NSO is scheduled to release the provisional estimates of FY'25 GDP and quarterly estimates for Q4 on May 31. ICRA in its note said it projected the year-on-year (YoY) expansion of the GDP to rise to 6.9 per cent in Q4 FY 2025, from 6.2 per cent in Q3 FY2025, significantly undershooting the NSO implicit estimate of 7.6 per cent for the quarter. Unless there are material revisions in the data for Q1-Q3 FY2025, ICRA projects a sharp
India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said. The UN on Thursday launched a report titled 'The World Economic Situation and Prospects as of mid-2025'. India remains one of the fastest growing large economies, driven by strong private consumption and public investment, even as growth projections have been lowered to 6.3 per cent in 2025, Ingo Pitterle, Senior Economic Affairs Officer, Global Economic Monitoring Branch, Economic Analysis and Policy Division, UN Department of Economic and Social Affairs (DESA), said at a press briefing here. The report said the global economy is at a precarious juncture, marked by heightened trade tensions and elevated policy uncertainty. The recent surge in tariffsdriving the effective US tariff rate up steeplythreatens to rais