New Delhi, Jan. 8 -- The domestic GDP growth for FY26 is likely to be higher than the National Statistical Office's (NSO) current estimate once the government releases the new base year, highlighted a report by State Bank of India (SBI).

According to the report, the first advance estimate (AE) released by the National Statistical Office pegs GDP growth at 7.4 per cent in FY26, compared to 6.5 per cent in FY25. Gross Value Added (GVA) growth is estimated at 7.3 per cent, while nominal GDP growth is projected at 8 per cent.

SBI believes that GDP growth for FY26 could be around 7.5 per cent with an upward bias, especially once the base year is revised to 2022-23.

The report added that the second advance estimates, which will incorporate a...