India GDP growth

March 13, 2026 10:56 PM

Fitch raises India growth forecast to 7.5% despite geopolitical tensions

India’s GDP is expected to grow 7.5 per cent in the fiscal year ending March 2026 higher than 7.4 per cent forecasted earlier, due to resilient domestic demand even as activity showed tentative slowing in January and February, a report said on Friday. Credit rating agency Fitch Ratings said domestic demand will drive the growth, with consumer spending and investment expected to expand by 8.6 per cent and 6.9 per cent, respectively, in FY26. High frequency indicators including GST collections...

August 29, 2025 5:17 PM

India clocks robust 7.8% growth, beating expectations

India’s economy grew at a strong pace of 7.8 per cent in the April-June quarter of the current financial year, according to official data released by the Ministry of Statistics on Friday. This marks an acceleration from the 6.5 per cent growth recorded in the same quarter of 2024-25. The rebound in agriculture was a major driver of growth, with the sector expanding by 3.7 per cent compared to 1.5 per cent in the corresponding period last year when output was impacted by erratic monsoon patter...

August 25, 2025 3:34 PM

Fitch affirms stable outlook on India, citing robust growth

Fitch Ratings on Monday affirmed India’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-’ with a stable outlook. India’s rating is supported by robust growth and strong external finances, the rating agency said in a statement. It added that a strengthening record of delivering growth with macroeconomic stability and improving fiscal credibility should drive steady gains in structural metrics, including GDP per capita, and raise the likelihood of a modest decline in debt...

August 19, 2025 4:31 PM

India’s GDP growth projected at 6.7% in Q1 FY2026, higher than RBI target of 6.5%: ICRA

India's GDP growth projection is at 6.7 per cent in the first quarter of the current financial year, which is higher than the RBI's estimate of 6.5 per cent, according to rating agency ICRA. The agency noted, however, that GDP expansion has eased from 7.4 per cent in Q4 FY2025, while it outpaces the Monetary Policy Committee's (MPC's) recent forecast of 6.5 per cent. The rating agency also said the growth in gross value added (GVA) is expected to ease to 6.4 per cent in Q1 FY2026 from 6.8 per c...

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...