New Delhi, Jan. 8 -- India's gross domestic product (GDP) is estimated to grow at 7.4 percent in FY26, according to the first advance estimates released by the National Statistical Office (NSO), marking a sharp improvement from 6.5 percent growth recorded in FY25.
Gross value added (GVA) growth is pegged at 7.3 percent, while nominal GDP growth is estimated at 8 percent in FY26, lower than the 9.8 percent expansion seen in the previous year.
SBI Research, in its latest Ecowrap report, said the growth estimate is reasonable and broadly in line with historical trends, noting that the gap between Reserve Bank of India (RBI) and NSO projections typically remains within 20-30 basis points.
The SBI Research team expects GDP growth to edge high...