Page 2 - India Gdp

Iran war could shave off 1% point from India's FY27 GDP growth forecast: EY

India's real GDP growth for the next fiscal could erode by around 1 percentage point, while retail inflation could rise by about 1.5 percentage points from their baseline estimates if the Middle East conflict persists through the next fiscal, an EY report said. The EY Economy Watch report said that several sectors, including employment-intensive sectors like textiles, paints, chemicals, fertilizers, cement and tires, could be directly impacted. Any reduction in employment or incomes in these sectors may further dampen aggregate demand. As a result, both supply and demand conditions may be adversely affected by global oil market disturbances. It said the Indian economy, which imports nearly 90 per cent of its crude oil requirements, is also highly dependent on imports of natural gas and fertilizers, and is particularly vulnerable to such external shocks, with the adverse effects likely to cascade across multiple sectors through strong forward and backward linkages with crude oil and .

Goldman Sachs cuts India's 2026 growth forecast to 5.9%, sees rate hike

The fresh cut in growth estimate by Goldman's analysts follows a change in their assumptions on oil prices and the period of disruption to supplies

New GDP series: A beginner's guide to GDP estimates | GDP base year | GDP growth | Indian Economy

India is set to release a new GDP series with 2022–23 as the base year. But what exactly is GDP, how is it calculated, and why do revisions matter?

India’s new GDP series highlights: Economy grows by 7.8% in Q3 FY26; full year growth raised to 7.6%

India’s economy expanded 7.8% in the October–December quarter of FY26, according to newly released national accounts data based on a revised GDP series with 2022–23 as the base year.

Maharashtra on track to contribute $1.5 tn to India's GDP: Dy CM Shinde

Deputy CM Eknath Shinde says Maharashtra is on track to contribute $1.5 trillion to India's GDP as infrastructure expansion and investment drive the state's growth

Nomura cuts India FY27 GDP forecast to 7% amid West Asia conflict

Tensions in West Asia, if sustained, could test the goldilocks mix of robust growth and stable inflation, Nomura said in a recent note.

Best of BS Opinion: New GDP series welcome, but more needs to be done

A new GDP base year, US-Israel strikes on Iran, India's urban planning crisis, and artificial intelligence's impact on the IT sector dominate today's Opinion page

Economists project FY27 growth to be over 7% in the new GDP series

Economists expect India's FY27 growth to exceed 7 per cent under the new GDP series, supported by capex push and consumption, though trade tensions and El Nino risks loom

India's FY26 growth outlook raised to 7.6% after GDP series reset

Economy expands 7.8% in Q3; manufacturing shines bright

India's Q3FY26 GDP growth slows to 7.8% from 8.4% in Q2 on new series

India's GDP grew 7.8% in Q3FY26 under the new series, slightly slower than earlier quarters, while full-year FY26 growth is estimated higher at 7.6% compared to 7.1% in FY25

Datanomics: FY05 vs FY12 GDP series - Industry share rose, services fell

New 2022-23 GDP base may not change sector shares unless methodology is revised, as past shifts show sharp impact of statistical tweaks

Govt overhauls GDP data using granular CPI, WPI data to improve accuracy

Under previous methods, low nominal ‌GDP growth alongside low wholesale inflation created discrepancies by translating into higher real growth rates

High-frequency indicators point to moderation in India's Q3 GDP growth

Economists expect Q3 GDP growth to remain above 7 per cent, supported by a pickup in consumption and investment

New GDP series may introduce more categories to track consumption basket

Panel report released by the National Statistics Office signals shift to more granular expenditure tracking

Business as usual: Budget 2026 banks on stability, not structural change

Fiscal deficit targets stay on track and projections look realistic, but the Budget avoids big reforms on Customs tariffs and tax structure, offering mainly incremental changes

'Budget 2026 prioritises sustainable growth over short-term stimulus'

For long-term investors, such investments enhance productivity across sectors like manufacturing, services, logistics, and urban development

'Budget 2026 puts manufacturing, technology at centre of growth push'

Budget's priority seems to be to reinforce India's long term growth narrative while maintain a tight balancing act as far as fiscal discipline is concerned.

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 ...

India's GDP growth pegged at 7% in FY27 on favourable policies: BMI

BMI, a Fitch Group company, on Monday forecast a 7.4 per cent growth for the current fiscal and 7 per cent for FY27 saying a favourable policy environment bode well for India's economic outlook. It said that monetary and regulatory measures should stimulate investment and consumption over 2026-27 fiscal. "A strong advanced estimate of the current fiscal year's GDP, rising US-bound merchandise exports during the past two months, and a favourable policy environment bode well for India's economic outlook," BMI said in a report. The National Statistics Office (NSO) has projected a 7.4 per cent GDP expansion for FY2025/26 (April-March). This implies the government expects GDP will grow by around 7 per cent Y-o-Y on average in the second half of the fiscal year. The Indian economy grew at 6.5 per cent in 2024-25 fiscal. BMI revised upwards GDP forecast for 2025-26 to 7.4 per cent, up from 7.2 per cent projected earlier. It now expects GDP to rise by 7 per cent in FY2026-27, up from 6.6

India's GDP to grow by 7.5% in FY26 with upside bias, says SBI report

India's economy is expected to grow at 7.5 per cent in 2025-26 with upward bias, marginally higher from NSO's estimate of 7.4 per cent, according to a report by State Bank of India. The First Advance Estimates released by National Statistics Office (NSO) on Wednesday put GDP growth in 2025-26 at 7.4 per cent as compared to 6.5 per cent in the previous fiscal. The RBI has projected the growth rate at 7.3 per cent. The gross value added (GVA) growth is estimated at 7.3 per cent and nominal GDP expansion at 8 per cent. Historically, the difference between Reserve Bank's estimate and NSO's estimate is 20-30 basis points and hence the 7.4 per cent estimate is quite expected and reasonable, said the research report from SBI's Economic Research Department. "We, however, believe that GDP growth for FY26 would be around 7.5 per cent with upward bias. The second advance estimates, incorporating additional data and revisions, are scheduled to be released on February 27, 2026. "So, all these