India’s nominal GDP growth to improve to 11% in FY27: Report

January 2, 2026 3:35 PM

India’s nominal GDP growth to improve to 11% in FY27: Report

India’s nominal GDP growth is expected to improve to around 11 per cent in FY27, with real GDP growth projected at 7.2 per cent, supported by domestic credit-led consumption and continued policy support, according to a report released on Friday. The report by SBI Mutual Fund said it remains “constructive on growth” over the medium term, with structural reforms and premiumisation shaping the outlook. However, it cautioned that a global economic slowdown and geopolitical tensions remain key...

IMF revises India’s GDP growth upward to 6.4% for FY26 and FY27

July 30, 2025 12:23 PM

IMF revises India’s GDP growth upward to 6.4% for FY26 and FY27

India is now projected to register a GDP growth of 6.4 per cent in both FY26 and FY27, with the International Monetary Fund (IMF) revising its earlier forecast slightly upward. The revision reflects a more benign external environment than what was assumed in its April forecast, according to the IMF’s latest World Economic Outlook (WEO) report released on Tuesday. For the current fiscal year, the IMF has raised India’s GDP growth forecast by 20 basis points (bps) to 6.4 per cent. It has also...