Poonam Gupta highlighted domestic investment, foreign capital and economic resilience as key factors shaping India’s growth prospects amid global uncertainty.
ICRA expects GDP growth to exceed 7% in the second quarter of FY27, following growth of 7.8% in the first quarter
While robust GDP growth and solid domestic manufacturing keep India’s fundamental macro engine strong, persistent foreign capital outflows and currency and stock market weaknesses reveal growing exposure to global headwinds.
India retained the top spot in Mint’s Emerging Markets Tracker on strong GDP growth, robust exports and solid import cover, ahead of second-ranked Vietnam, but an imminent rate-hike cycle and geopolitical risks pose headwinds.
RBI Governor Sanjay Malhotra met Finance Minister Nirmala Sitharaman on Monday, a meeting that comes after India posted a record 7.8% GDP growth in the first quarter of the fiscal year. The discussion precedes the Monetary Policy Committee’s October session, where analysts anticipate a rate hike amid rising oil prices and inflation pressures.
India's early slowdown in GDP growth led Western analysts to label it the weakest link in the BRICS grouping, but its subsequent economic recovery has repositioned it as a pivotal member. The shift reflects changing perceptions of India's role in the emerging market coalition.
The IMF reported that India’s real GDP grew 7.8% in the first quarter of FY27, exceeding its own forecasts. The agency praised recent improvements in data transparency and revisions to the GDP methodology despite global energy price shocks.
India's 7.8% GDP growth has triggered a political row, with a former finance secretary questioning the data methodology. The IMF, however, backed India's statistical reforms, saying new IIP and PPI series should improve GDP estimates.
India has been recording 7% plus growth in the post-pandemic years, but it is not enough to meaningfully improve the lives of the country's population. Here’s why:
SBI Ecowrap's report dismissed claims of missing funds in national accounts as unfounded fiction. It emphasized the reliability of Q1 FY27's GDP growth estimates, suggesting that revisions remain a normal statistical practice.
10866333 Sandeep Yadav
Dinakar attacks Oppn. over ‘misleading’ GDP growth claims
Japan’s JCR upgrades India’s sovereign rating to A- with a stable outlook after strong 7.8% GDP growth. Here’s what the BBB+ to A- upgrade means.
In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.
The opposition party also asked what methodology was adopted by the government to bring this revision while seeking an explanation for the reduction of ₹43 lakh crore in the estimated size of the economy.
Raghuram Rajan stated he has neither questioned nor endorsed India's GDP growth figures. He expressed confusion over the economy’s growth not leading to increased private investment, FDI, or job creation.
10862160 shipping cargo containers file photo express
Neelkanth Mishra of the World Bank defended India's 7.8% GDP growth, asserting that claims questioning its accuracy are incorrect.
Opposition parties and some experts have questioned the government's latest GDP data. Mint examines the allegations and whether there is any merit to the concerns.
