India is projected to maintain a steady 6-6.5 per cent year-on-year real GDP growth in FY26, supported by resilient domestic demand and potential relief from softer global crude oil prices, despite pressures from recent tariff hikes, according to a UBS report.
The PHDCCI report added that with an average real GDP growth of more than 8 per cent from 2021 to 2024, India has consistently outpaced all G7 countries: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
India's economy continues to demonstrate resilience amid global uncertainties, as country's real GDP grew by 7.4 per cent in the fourth quarter of FY25, bringing full-year growth to 6.5 per cent, surpassing expectations, according to the recent report by CareEdge Economic Pathways report.
New Delhi [India], June 7: The Reserve Bank of India's Monetary Policy Committee (MPC) has taken a decisive step to revive economic momentum by slashing the repo rate by 50 basis points, bringing it down to 5.5%, while also reducing the Cash Reserve Ratio (CRR) by 100 bps. These moves, combi
India's real GDP is revised downwards to grow at 6.5 per cent in the current financial year 2025-26 from earlier expectation of 6.7 per cent, highlighted Reserve Bank of India (RBI) Governor Sanjay Malhotra during the policy announcement on Wednesday.
The Indian economy grew by 6.2 per cent in real terms in the October-December quarter of the current financial year 2024-25, Ministry of Statistics and Programme Implementation's official data showed on Friday.
New Delhi [India], February 1: The Union Budget for FY25-26 strikes a balance between fiscal discipline and the need for sustained economic growth. The government's decision to reduce the fiscal deficit target from 4.8% to 4.4% is an important step towards long-term financial stability. Alth
After the Economic Survey projected India's real GDP growth for FY26 in the range of 6.3-6.8 per cent, a report by Bank of Baroda stated that with an assumed GDP deflator of 3.5 per cent, the country's nominal GDP growth could be around 9.8-10.3 per cent.
The report highlighted that this tariff war could lead to slower growth and potential trade tensions. It noted that these tariffs may cause a notable decline in the real GDP of the US, especially if trading partners retaliate.
Despite a slowdown in real GDP growth and stagnant nominal GDP growth, per capita nominal GDP is expected to rise significantly in FY25, according to a report by the State Bank of India (SBI).
India's real GDP growth is projected to remain steady at 6.5 per cent for the financial years 2025 and 2026, according to the latest EY Economy Watch report.
The International Monetary Fund (IMF) has forecasted an improvement in Austria's economy next year, with real GDP growth projected at 1.1 per cent compared to the current economic situation.