India projected for 6.5-7% GDP growth this fiscal year
after close1 source ↓written by the desknot a recommendation
- expected
- 11-12%
- next fiscal
- 17%
- next fiscal
- 14%
- year-on-year increase
- 19.1%
India is on track for real GDP growth of 6.5-7% in the current fiscal, with nominal GDP growth expected at 11-12%. Corporate earnings growth could rise to 17% next fiscal from 14%. Strong bank credit growth, with a 19.1% year-on-year increase, signals economic momentum, indicating resilience amid geopolitical challenges.
Not investment advice. For informational purposes only.