India’s GDP growth pegged at 7.5–7.8% in FY26; Deloitte flags moderation in FY27
Growth is expected to moderate to 6.6–6.9% in FY2026-27, reflecting a high base and continued global uncertainties.
Growth is expected to moderate to 6.6–6.9% in FY2026-27, reflecting a high base and continued global uncertainties.
Gross value added (GVA) growth is pegged at 7.3%, while nominal GDP growth is estimated at 8% in FY26, lower than the 9.8% expansion seen in the previous year.
The seasonally adjusted HSBC India Services PMI Business Activity Index slipped to 58.0 in December from 59.8 in November, marking the weakest expansion since January.
Addressing the media, BJP MP Sudhanshu Trivedi recalled the remarks of late President Dr Rajendra Prasad during the reconstruction of the Somnath Temple to make his point.
It emphasised that a well-calibrated fiscal strategy that supports human capital development while maintaining fiscal prudence could significantly enhance long-term growth prospects.
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