GDP pegged to grow at a faster clip of 7.4% in FY26

INDIA'S GROSS DOMESTIC product (GDP) is set to grow at 7.4% in the current financial year, in line with independent consensus estimate, the National Statistics Office (NSO) indicated on Wednesday, even as it projected economic expansion at 6.9% in the second half, slowing down from 8% in the first half.

- KULDEEP SINGH

The economy had grown at 6.5% in FY25.Economists called it resilient growth, given the global headwinds including the Trump tariffs, but statistically favourable deflator effects played a significant role in lifting grow