{"id":196587,"date":"2025-12-22T15:54:07","date_gmt":"2025-12-22T15:54:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/196587\/"},"modified":"2025-12-22T15:54:07","modified_gmt":"2025-12-22T15:54:07","slug":"indias-gdp-growth-likely-to-touch-7-5-pc-in-fy26-report","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/196587\/","title":{"rendered":"India&#8217;s GDP Growth Likely To Touch 7.5 Pc In FY26: Report"},"content":{"rendered":"<p>(<a style=\"color:black\" href=\"https:\/\/menafn.com\" target=\"_blank\" rel=\"nofollow noopener\">MENAFN<\/a>&#8211; IANS) New Delhi, Dec 22 (IANS) India&#8217;s GDP growth is expected to grow 7.5 per cent in FY26 and 7 per cent in FY27, a report said on Monday, adding that 8.3 per cent nominal GDP growth is likely this fiscal.<\/p>\n<p>The report from CareEdge Ratings said that healthy FY27 growth is supported by a possible US\u2010India trade deal, low inflation, low interest rates and tax relief.<\/p>\n<p>Further, the optimistic capex outlook, as evidenced by the strong order books of the capital goods companies, also bodes well for the investment scenario in the economy.<\/p>\n<p>Healthy agricultural activity, reduced income tax burden, rationalisation of GST rates, RBI rate cuts, festive demand, and front-loading of exports supported growth in H1 FY26, the report said.<\/p>\n<p>&#8220;We expect the GDP growth to moderate to around 7 per cent in H2 as the impact of front-loading of exports fades and consumption demand moderates post-festival season,&#8221; it noted.<\/p>\n<p>By the fourth quarter of FY26, the low base effect will wane, and the deflator will also increase from the current low level.<\/p>\n<p>The report forecasted CPI inflation averaging 2.1 per cent in FY26 and rising to 4 per cent in FY27, with the wholesale price index expected to remain flat in FY26 and grow 2.5 per cent in FY27.<\/p>\n<p>It expects the current account deficit to remain around 1 per cent of GDP, adding the government may go a little slower on fiscal consolidation, with the fiscal deficit to GDP likely to be budgeted at 4.2-4.3 per cent in FY27.<\/p>\n<p>Global growth is projected to average at 3.1 per cent over the next five years, staying below the pre-pandemic average of 3.7 per cent, the report noted.<\/p>\n<p>In the next five years, growth in the US, UK, and the Euro Area is projected to be marginally below their historical averages, while China&#8217;s growth is expected to undershoot its historical average by about 3 percentage points, it added.<\/p>\n<p><a style=\"color:black\" href=\"https:\/\/menafn.com\/1110511710\/Indias-GDP-Growth-Likely-To-Touch-75-Pc-In-FY26-Report\" target=\"_blank\" rel=\"nofollow noopener\"><\/p>\n<p>MENAFN22122025000231011071ID1110511710<\/p>\n<p><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"(MENAFN&#8211; IANS) New Delhi, Dec 22 (IANS) India&#8217;s GDP growth is expected to grow 7.5 per cent in&hellip;\n","protected":false},"author":2,"featured_media":196588,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-196587","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/196587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=196587"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/196587\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/196588"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=196587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=196587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=196587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}