In India, growth is projected to moderate from an estimated 7.4 per cent in 2025 to 6.6 per cent in 2026. Resilient household spending, strong public investment, and lower interest rates are expected to underpin economic activity.
India's growth drivers are set to shift in Q2 FY2026, with industry expected to outpace services for the first time in four quarters, even as overall GDP expansion moderates, according to credit rating agency ICRA.
According to Fitch Ratings, while strong real GDP expansion is anticipated in India, Indonesia, the Philippines, and Vietnam, challenges from slower Chinese growth, subdued global demand, and increased interest burdens following a rise in interest rates may temper sector performance.
New Delhi [India], August 19 (ANI): ICRA has forecast the year-on-year growth of the GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 20 per cent and 17 per cent respectively in Q1 FY2022, benefitting from healthy Central and state government capital spending,
New Delhi [India], February 26 (ANI): The pace of underlying growth in Indian economy remains subdued and does not foresee a sharp ramp up in pace of GDP expansion in Q4 FY21, according to investment information agency ICRA.