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New Delhi: India’s real GDP growth in FY27 is expected to be in the range of 6–7 per cent, supported by domestic consumption, interest rate cuts, and public capital expenditure, according to a new report. For budgetary analysis, ICRA used the NSO’s ‘First Advance Estimates’ of nominal GDP of Rs 357.1 trillion for FY26, reflecting…
New Delhi: 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…
Despite weathering effects precipitated by global upheavals, Indian economy stays largely resilient and is projected to clock a GDP growth around 6.4-6.5 per cent in Q4 FY25, an SBI report said on Wednesday. To estimate GDP statistically, the State Bank of India’s Economic Research Department has built a ‘Nowcasting Model’ with 36 high frequency indicators…