India's Economic Engine Roars Ahead! GDP Forecast Skyrockets to 7% – What This Means for Your Investments!

Overview

India Ratings and Research (Ind-Ra) has boosted India's GDP growth forecast for the current fiscal year (FY26) to 7%, a significant upgrade from 6.3%. This optimism stems from a robust 7.8% GDP growth in the April-June quarter and a surprisingly lower impact from US tariff hikes on global trade. The Reserve Bank of India currently projects 6.8% growth for the fiscal year.