S&P pegs India’s GDP growth at 6.5% in FY26, 6.7% in next fiscal

India’s real GDP is estimated to have grown at fastest pace in five quarters at 7.8% in April to Fune FY26

- OUR CORRESPONDENT

S&P Global Ratings on Monday projected India’s economy to grow 6.5 per cent in the current fiscal year and 6.7 per cent in the next, saying tax cuts and monetary policy easing will give a boost to consumption-driven growth.

India’s real gross domestic product (GDP) is estimated to have grown at the fastest pace in five quarters at 7.8 per cent in the April to June period of current fiscal year. The official data for Q2 (July-September) GDP growth estimates is scheduled to be released on November 28.