Fitch raises India growth forecast to 7.5% despite geopolitical tensions

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...

India’s GDP to grow 7% in FY26, Crisil raises growth forecast

December 15, 2025 3:10 PM

India’s GDP to grow 7% in FY26, Crisil raises growth forecast

The Indian economy is poised to grow at 7.0 per cent in the current fiscal 2025-26, Crisil said as it raised projections by 50 basis points soon after the country registered robust growth in the first half. Crisil has revised its GDP forecast for this fiscal with the first-half growth printing at a street-beating 8 per cent. "We expect GDP to grow at 7 per cent in fiscal 2026, compared with 6.5 per cent in fiscal 2025," Crisil, a global, insights-driven analytics company, said in its report. ...

India to be third-largest economy by 2028: Morgan Stanley

July 23, 2025 3:08 PM

India to be third-largest economy by 2028: Morgan Stanley

India is expected to become the world’s third-largest economy by 2028 and more than double its GDP to $10.6 trillion by 2035, according to a Morgan Stanley report released on Wednesday. The report estimates that three to five Indian states — including Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh, and Karnataka — could each approach the $1 trillion mark, placing them among the top 20 global economies by 2035. “Based on the latest data, the top three states are Maharashtra, Gujarat, a...

India’s real GDP grows at 6.5% in FY 2024-25; Q4 sees strong 7.4% expansion

May 30, 2025 5:35 PM

India’s real GDP grows at 6.5% in FY 2024-25; Q4 sees strong 7.4% expansion

The National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation (MoSPI), has released the Provisional Estimates of Annual Gross Domestic Product (GDP) for the financial year 2024–25, along with the Quarterly Estimates for the January–March period (Q4) of the same year. India’s real GDP at constant (2011–12) prices is estimated to have grown by 6.5% in FY 2024–25, reaching ₹187.97 lakh crore, compared to ₹176.51 lakh crore in 2023–24. At curren...

India’s real GDP growth projected at 6.5% in FY 2025-26: RBI

May 29, 2025 3:28 PM

India’s real GDP growth projected at 6.5% in FY 2025-26: RBI

The Reserve Bank of India (RBI) has projected India’s real GDP growth at 6.5 per cent for the financial year 2025-26, with the outlook described as “evenly balanced” amid global uncertainties. In its annual report for 2024-25, released on Thursday, the central bank said India is poised to remain the fastest-growing major economy, riding on strong macroeconomic fundamentals, a resilient financial sector, and a continued policy push towards sustainable and inclusive growth. This outlook co...