EconomyAfter close
Chief Economic Advisor forecasts over 6.8% GDP growth for FY26
after close1 source ↓written by the desknot a recommendation
- earlier estimate
- 6.3-6.8%
India’s Chief Economic Advisor, V Anantha Nageswaran, forecasts GDP growth over 6.8% for FY26, up from an earlier estimate of 6.3-6.8%. This optimism stems from increased consumption post-GST, interest rate cuts, and rising foreign direct investment. A potential trade deal with the US could further boost growth prospects. 📈
Immediate implications for traders include heightened market confidence and potential sectoral shifts in response to GDP forecasts.
Not investment advice. For informational purposes only.