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1 week ago

OECD pegs India’s GDP growth at 6.1 per cent in 2026-27 as world’s fastest-growing economy New Delhi, March 26 (SocialNews.XYZ): The Organisation for Economic Cooperation and Development (OECD) on Thursday pegged India's GDP growth rate at 7.6 per cent for 2025-26, 6.1 per cent for 2026-27 and 6.4 per cent for 2027-28, with the country remaining the world’s fastest-growing major economy. The OECD’s interim Economic Outlook report states that conflict in the Middle East is testing the resilience of the global economy.

OECD pegs India’s GDP growth at 6.1 per cent in 2026-27 as world’s fastest-growing economy #OECD #IndiasGDP #socialnewsxyz

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1 month ago

India’s GDP growth set to remain robust with new base year New Delhi, Feb 27 (SocialNews.XYZ) As the new GDP series (with base year 2022–23) is scheduled to be released on Friday, a sub-committee set up by the Ministry of Statistics and Programme Implementation (MoSPI) has also recommended an enhanced use of GST data in the new series for GDP estimates. The report of the sub-committee forms part of the process launched by MoSPI to revise the base year of the National Accounts to FY 2022–23.

India’s GDP growth set to remain robust with new base year #IndiasGDP #socialnewsxyz

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1 month ago

India’s GDP growth projected at 6.8 to 7.2 per cent for 2026-27: EY report New Delhi, Feb 26 (SocialNews.XYZ) India's economy is projected to expand between 6.8 per cent and 7.2 per cent in FY27 as bilateral trade agreements with major economies are expected, along with the government's economic reforms, to counter the global uncertainties created by the US tariff turmoil, according to the latest EY Economy Watch report. "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," EY India chief policy advisor D.K.

India's GDP growth projected at 6.8 to 7.2 per cent for 2026-27: EY report #IndiasGDP #EY #socialnewsxyz

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1 month ago

India’s GDP growth likely to cross 8 pc in Q3 FY26 despite global headwinds: SBI report New Delhi, Feb 24 (SocialNews.XYZ) India’s GDP growth in the third quarter of FY26 is likely to come at 8-8.1 per cent, an SBI Research report said on Tuesday, adding that the domestic economy has maintained strong growth momentum despite global headwinds. High-frequency activity data indicates resilient economic activity in Q3 FY26 (October-December 2025). “Rural consumption remains strong, driven by positive signals from farm and non-farm activity.

India’s GDP growth likely to cross 8 pc in Q3 FY26 despite global headwinds: SBI report #IndiasGDP #QFY #SBI #socialnewsxyz

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2 months ago

India’s GDP growth to place it above sovereign peers in next 2 fiscals: S&P Global Ratings New Delhi, Feb 2 (SocialNews.XYZ) Robust consumer spending and public investments will maintain India's real GDP growth at 6.7 per cent in fiscal 2027 and 7 per cent in fiscal 2028, S&P Global Ratings said on Monday, adding that the Union Budget reinforces its expectation of gradual fiscal consolidation. The global ratings anticipates that these growth rates continue to place India above sovereign peers at similar income levels and should continue to support fiscal revenue increase.

India’s GDP growth to place it above sovereign peers in next 2 fiscals: S&P Global Ratings #IndiasGDP #SPGlobalRatings #socialnewsxyz

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2 months ago

India’s GDP growth resilient amid robust consumption, strong public investment: UN report New Delhi, Jan 9 (SocialNews.XYZ) A new United Nations (UN) report has said that GDP growth in India is estimated at 6.6 per cent for 2026 and 6.7 per cent for 2027 -- supported by resilient consumption and strong public investment, which should largely offset the adverse impact of higher United States tariffs. Recent tax reforms and monetary easing should provide additional near-term support, said the 'World Economic Situation and Prospects 2026’ report.

India’s GDP growth resilient amid robust consumption, strong public investment: UN report #IndiasGDP #socialnewsxyz

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2 months ago

UN projects India’s GDP growth at robust 6.6 pc for 2026 despite geopolitical risks New Delhi, Jan 8 (SocialNews.XYZ) A United Nations (UN) report released on Thursday projects India’s GDP growth at a robust 6.6 per cent even as it expects the global economic growth to slow down to 2.7 per cent during 2026, due to geopolitical risks and policy uncertainty. "Strong demand in major markets may partially offset the US tariff hike impact on India," the report states.

UN projects India’s GDP growth at robust 6.6 pc for 2026 despite geopolitical risks #IndiasGDP #socialnewsxyz

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2 months ago

India’s GDP growth likely to scale 7.5 per cent in FY 26: SBI report New Delhi, Jan 7 (SocialNews.XYZ) While the 7.4 per cent GDP growth rate projected for FY 26 in the first advance estimates of the Ministry of Statistics "is quite expected and reasonable", the actual figure is eventually likely to be higher at around 7.5 per cent, an SBI Ecowrap report released on Wednesday stated. "We believe that GDP growth for FY26 would be around 7.5 per cent with an upward bias.

India’s GDP growth likely to scale 7.5 per cent in FY 26: SBI report #IndiasGDP #FYSBI #socialnewsxyz

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2 months ago

Govt pegs India’s GDP growth rate at 7.4 per cent for 2025-26 New Delhi, Jan 7 (SocialNews.XYZ) India’s real GDP growth rate has been projected at 7.4 per cent in FY 2025-26, up from 6.5 per cent during FY 2024-25, according to the advanced estimates released by the Ministry of Statistics on Wednesday. The buoyant growth in the services sector has been found to be a major driver with a robust growth of 9.9 per cent at constant prices in FY 2025-26 for financial services, real estate, professional services, and public administration.

Govt pegs India's GDP growth rate at 7.4 per cent for 2025-26 #Govt #IndiasGDP #socialnewsxyz

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3 months ago

Bank of America raises India’s GDP growth to 7.6 pc for current fiscal, 6.8 pc for FY27 New Delhi, Jan 5 (SocialNews.XYZ) As the Indian economy continues to grow over robust policy reforms and strong consumption, Bank of America (BofA) has raised the country’s GDP growth projection to 7.6 per cent for current fiscal (FY26), from its earlier estimate of 7 per cent. BofA has also upgraded its India GDP estimate for fiscal year 2027 to 6.8 per cent, compared to the previous estimate of 6.5 per cent for FY27.

Bank of America raises India’s GDP growth to 7.6 pc for current fiscal, 6.8 pc for FY27 #BankofAmerica #IndiasGDP #FY #socialnewsxyz

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3 months ago

India’s GDP projected to grow 7.4 pc in FY26, RBI to keep rates unchanged in Feb New Delhi, Dec 27 (SocialNews.XYZ) India’s real GDP growth is projected at 7.4 per cent for FY26, up from 6.5 per cent in FY25, a report has said, highlighting seasonal pick up in electricity, mining and construction sectors. The report from ICRA said that growth is expected to ease below 7 per cent in H2 FY26 from 8 per cent in H1 because of an unfavourable base effect and moderation in exports.

India’s GDP projected to grow 7.4 pc in FY26, RBI to keep rates unchanged in Feb #IndiasGDP #FYRBI #Feb #socialnewsxyz

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3 months ago

India’s GDP growth expected to accelerate to 7.5 pc in FY27: Report Mumbai, Dec 16 (SocialNews.XYZ) India’s economic growth is expected to pick up pace and remain strong in the coming years, with GDP likely to expand at 7.5 per cent in FY27, even as inflation stays under control, according to Axis Bank’s Economic Outlook 2026 on Tuesday. The report, authored by Neelkanth Mishra, Chief Economist at Axis Bank and Head of Global Research at Axis Capital, says India can grow faster than its long-term trend without triggering inflationary pressures.

India’s GDP growth expected to accelerate to 7.5 pc in FY27: Report #IndiasGDP #FYReport #socialnewsxyz

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3 months ago

India’s GDP to grow at over 7 pc in Q3-Q4, FY26 growth projected at 7.6 pc: SBI Research New Delhi, Dec 5 (SocialNews.XYZ) After witnessing a robust 7.8 per cent and 8.2 per cent gross domestic product (GDP) growth rate in first quarter and second quarter, respectively, of the current financial year (FY26), India to grow at a rate of over 7 per cent in the remaining two quarters (Q3 and Q4), and the overall FY26 growth is projected at 7.6 per cent, SBI Research said in note on Friday.

India's GDP to grow at over 7 pc in Q3-Q4, FY26 growth projected at 7.6 pc: SBI Research #IndiasGDP #QQFY #SBIResearch #socialnewsxyz

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4 months ago

RBI raises India’s GDP growth forecast to 7.3 pc Mumbai, Dec 5 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Friday raised its GDP growth forecast of the Indian economy to a robust 7.3 per cent for 2025-26 from 6.8 per cent earlier, on the back of an improved outlook driven by strong agricultural prospects, GST rate cuts continuing to play out, low inflation and strong balance sheets of corporates and banks.

RBI raises India’s GDP growth forecast to 7.3 pc #RBI #IndiasGDP #socialnewsxyz

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4 months ago

India’s GDP growth surges to 8.2 per cent in July-Sep quarter of 2025-26 New Delhi, Nov 28 (SocialNews.XYZ) India's GDP growth accelerated to a robust 8.2 per cent in the second quarter (July-September) of the current financial year compared to the corresponding figure of 5.6 per cent during the same quarter of FY 2024-25, according to figures released by the Ministry of Statistics on Friday. The secondary and tertiary sectors, with growth rates of 8.1 per cent and 9.2 per cent, respectively, have boosted the real GDP growth rate in Q2 of FY 2025-26 to rise above 8 per cent, an official statement said.

India's GDP growth surges to 8.2 per cent in July-Sep quarter of 2025-26 #IndiasGDP #JulySep #socialnewsxyz

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4 months ago

India’s GDP to grow 7.2 pc in FY26, driven by rate cuts, public capex New Delhi, Nov 18 (SocialNews.XYZ) India’s economy is expected to grow 7.2 per cent in fiscal 2026, driven by rate cuts, regulatory measures, strong monsoon, government capex and surplus liquidity, a report said on Tuesday. Some impacts from GDP deflators are expected to fade in FY27, taking real GDP growth to 6.5 per cent and nominal growth pace back towards 10 per cent, the report from Development Bank of Singapore (DBS) said.

India’s GDP to grow 7.2 pc in FY26, driven by rate cuts, public capex #IndiasGDP #FY #socialnewsxyz

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5 months ago

IMF ups India’s GDP growth forecast for 2025-26 despite US tariff hike New Delhi, Oct 14 (SocialNews.XYZ) The International Monetary Fund (IMF) on Tuesday raised India's GDP growth forecast to 6.6 per cent for 2025-26 from 6.4 per cent earlier despite the punitive tariffs slapped by the US on the country’s exports. The upward revision was on "carryover from a strong first quarter, more than offsetting the increase in the US effective tariff rate on imports from India since July", the IMF said in its World Economic Outlook.

IMF ups India's GDP growth forecast for 2025-26 despite US tariff hike #IMF #IndiasGDP #socialnewsxyz

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6 months ago

RBI raises India’s GDP growth forecast to 6.8 pc for 2025-26 Mumbai, Oct 1 (SocialNews.XYZ) The RBI has raised its projection of India’s GDP growth rate to 6.8 per cent for 2025-26 from 6.5 per cent earlier, as the implementation of several growth-inducing structural reforms, including streamlining of GST, is expected to offset some of the adverse effects of the external headwinds, Reserve Bank Governor Sanjay Malhotra said on Wednesday. He pointed out that India’s GDP recorded a robust growth of 7.8 per cent in Q1:2025-26, driven by strong private consumption and fixed investment.

RBI raises India’s GDP growth forecast to 6.8 pc for 2025-26 #RBI #IndiasGDP #socialnewsxyz

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6 months ago

Domestic demand to drive India’s GDP growth in next half-year of FY26: Economic Review New Delhi, Sep 26 (SocialNews.XYZ) India’s economic outlook remains broadly optimistic despite a turbulent international environment marked by geopolitical uncertainties and shifting trade dynamics, according to the Finance Ministry’s monthly economic review released on Friday. With the GDP growth having surprised on the upside in Q1 FY26, domestic components of demand have played a key role in supporting growth and are expected to remain so in the next half year as well, it said.

Domestic demand to drive India’s GDP growth in next half-year of FY26: Economic Review #Domestic #IndiasGDP #FYEconomicReview #socialnewsxyz

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6 months ago

India’s GDP growth to remain steady at 6.5 pc, another RBI rate cut likely this fiscal New Delhi, Sep 12 (SocialNews.XYZ) A new Crisil report has projected India’s gross domestic product (GDP) growth to remain steady at 6.5 per cent in FY26, with some downside risks owing to external factors. Export growth is expected to be a drag on GDP growth, given the imposition of 50 per cent tariffs on India by the US at present. However, consumption will get a boost from rate cuts, healthy rains, soft inflation and tax relief, the report mentioned.

India’s GDP growth to remain steady at 6.5 pc, another RBI rate cut likely this fiscal #IndiasGDP #RBI #socialnewsxyz

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7 months ago

Morgan Stanley ups India’s GDP growth forecast, expects cut in GST to spur demand New Delhi, Sep 1 (SocialNews.XYZ) Morgan Stanley has raised its forecast for India’s GDP growth in 2025-26 on the back of the robust 7.8 per cent growth in the April-June quarter and expects the forthcoming cuts in GST to spur domestic demand, which would offset the decline in exports due to the US tariff hike. "We expect impending GST tax cuts, the upcoming festive season and strong trends in rural demand to provide a fillip to domestic demand.

Morgan Stanley ups India’s GDP growth forecast, expects cut in GST to spur demand #MorganStanley #IndiasGDP #GST #socialnewsxyz

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7 months ago

India’s GDP projected to grow 6.5 pc this fiscal over robust consumer demand New Delhi, Aug 30 (SocialNews.XYZ) Riding against all odds, India’s gross domestic product (GDP) is projected to grow 6.5 per cent this fiscal with downside risks from the US tariff hikes, according to Crisil. India’s real GDP growth accelerated 7.8 per cent year-on-year in the first quarter of this fiscal, from 7.4 per cent the fourth quarter of last fiscal.

India’s GDP projected to grow 6.5 pc this fiscal over robust consumer demand #IndiasGDP #socialnewsxyz

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7 months ago

Trump’s ‘dead economy’ jibe falls flat as India’s GDP growth surges to 7.8 pc New Delhi, Aug 29 (SocialNews.XYZ) In a major embarrassment for US President Donald Trump, who in a rhetorical overdrive termed India as a “dead economy,” the country’s economic growth has accelerated to 7.8 per cent in the April to June quarter, fortifying its position as the world’s fastest-growing major economy. The strong economic performance amid the US tariff turmoil comes on the back of a 7.4 per cent growth in the previous Jan-March quarter (Q4 FY25).

Trump’s ‘dead economy’ jibe falls flat as India’s GDP growth surges to 7.8 pc #Trumps #IndiasGDP #socialnewsxyz

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7 months ago

India’s GDP growth accelerates to 7.8 pc in April-June quarter New Delhi, Aug 29 (SocialNews.XYZ) India’s GDP growth accelerated to a robust 7.8 per cent in the first quarter (April-June) of the current financial year compared to the growth of 6.5 per cent during same quarter of FY 2024-25, official figures released by the Ministry of Statistics showed on Friday. The agriculture sector bounced back with a strong growth rate of 3.7 per cent in the first quarter of 2025-26, as compared to the growth rate of 1.5 per cent registered in the first quarter of the last financial year when farm output was hit by an erratic monsoon.

India’s GDP growth accelerates to 7.8 pc in April-June quarter #IndiasGDP #AprilJune #socialnewsxyz

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7 months ago

India’s GDP likely to grow 6.8-7 pc in April-June: Report New Delhi, Aug 21 (SocialNews.XYZ) India’s GDP is expected to grow between 6.8 per cent-7 per cent in the first quarter this fiscal (Q1 FY26), due to higher discretionary spending which will drive demand-led growth in the country, a report said on Thursday. The gross value added (GVA) growth is estimated at 6.5 per cent for the quarter, SBI Research said, adding that the gap between real and nominal growth will significantly narrow in Q1 FY26.

India’s GDP likely to grow 6.8-7 pc in April-June: Report #IndiasGDP #AprilJuneReport #socialnewsxyz

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7 months ago

India’s GDP growth projected at 6.7 pc in Q1 FY26, urban consumption to rise: Report New Delhi, Aug 19 (SocialNews.XYZ) India is expected to clock 6.7 per cent growth in the first quarter of the current fiscal (FY26), outpacing the RBI Monetary Policy Committee's (MPC's) recent forecast of 6.5 per cent, credit rating agency ICRA said on Tuesday. The rating agency report projects the growth in the gross value added (GVA) to stand at 6.4 per cent in Q1 FY2026.

India's GDP growth projected at 6.7 pc in Q1 FY26, urban consumption to rise: Report #IndiasGDP #QFY #Report #socialnewsxyz

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7 months ago

India’s GDP growth to stay robust amid fiscal consolidation, friendly policies: Economist New Delhi, Aug 14 (SocialNews.XYZ) India's economic expansion and its GDP growth are clearly on the right path despite geopolitical turbulence and tariff uncertainties, and this is showing in numbers too, economist Akash Jindal said on Thursday. Citing economic resilience and sustained fiscal consolidation, global credit ratings agency S&P Global has upgraded India's long-term unsolicited sovereign credit rating to "BBB" from the earlier "BBB-", ahead of the 79th Independence Day.

India’s GDP growth to stay robust amid fiscal consolidation, friendly policies: Economist #IndiasGDP #Economist #socialnewsxyz

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7 months ago

India’s GDP projected to increase 6.8 pc annually over next 3 years: S&P Global New Delhi, Aug 14 (SocialNews.XYZ) India remains among the best-performing economies in the world, and "we expect growth dynamics to continue in the medium term", with GDP increasing 6.8 per cent annually over the next three years, S&P Global said on Thursday. India is prioritising fiscal consolidation, demonstrating the government's political commitment to deliver sustainable public finances, while maintaining its strong infrastructure drive.

India’s GDP projected to increase 6.8 pc annually over next 3 years: S&P Global #IndiasGDP #SPGlobal #socialnewsxyz

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7 months ago

RBI retains India’s GDP growth forecast at 6.5 pc for FY 2025-26 Mumbai, Aug 6 (SocialNews.XYZ) The RBI on Wednesday retained its forecast for India’s GDP growth at 6.5 per cent for FY 2025-26, despite global uncertainties, as it expects strong rural demand on the back of a good monsoon and robust government expenditure on big ticket infrastructure projects to propel growth. RBI Governor Sanjay Malhotra said, “The above normal southwest monsoon, lower inflation, rising capacity utilization and congenial financial conditions continue to support domestic economic activity.

RBI retains India’s GDP growth forecast at 6.5 pc for FY 2025-26 #RBI #IndiasGDP #FY #socialnewsxyz

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8 months ago

IMF revises India’s GDP growth upward to 6.4 pc for FY26 and FY27 New Delhi, July 29 (SocialNews.XYZ) India is projected to see 6.4 per cent GDP growth in FY26 and FY27, with both numbers revised slightly upward, reflecting a more benign external environment than assumed in the April reference forecast, the International Monetary Fund’s (IMF) World Economic Outlook (WEO) report said on Tuesday. The IMF revised upwards its outlook for India’s GDP growth for the current fiscal by 20 basis points (bps) to 6.4 per cent.

IMF revises India’s GDP growth upward to 6.4 pc for FY26 and FY27 #IMF #IndiasGDP #FYandFY #socialnewsxyz