Fitch raises India’s FY’27 GDP growth projections to 6.9 pc

September 23, 2026 4:56 PM

Fitch raises India’s FY’27 GDP growth projections to 6.9 pc

Fitch Ratings on Wednesday raised India’s GDP growth forecast for the current fiscal year to 6.9 per cent, from 6.4 per cent, citing strong economic growth in the June quarter and overall economic resilience. According to Fitch, India’s economic momentum is likely to moderate over the remaining fiscal year, prompting the Reserve Bank of India (RBI) to increase interest rates by 0.25 per cent in its October monetary policy meeting. A growth rate of 7.8 per cent in the June quarter indicates...

ADB raises India’s GDP growth forecast to 7pc on stronger-than-expected Q1 growth

September 23, 2026 3:02 PM

ADB raises India’s GDP growth forecast to 7pc on stronger-than-expected Q1 growth

The Asian Development Bank (ADB) on Wednesday raised its forecast for India’s economic growth in the current fiscal to 7 per cent, up from 6.6 per cent projected in July, citing stronger-than-expected economic performance in the first quarter despite supply-side disruptions caused by the West Asia crisis. In its Asian Development Outlook (ADO) September 2026, the multilateral lender said, “The revision reflects India’s stronger-than-expected economic performance, with GDP expanding by 7.8...