Current Affairs - Economy - Discussion

Nomura has projected that India’s GDP growth will slow down to 6.2% in FY26, a slight decline from the 6.5% growth recorded in FY25 and the sharp 9.2% expansion in FY24. This forecast reflects concerns about weakening fundamental economic indicators such as sluggish automobile sales and slow bank credit growth, despite strong headline data like GST collections. The moderation signals a cautious outlook amid global uncertainties and an uneven domestic recovery, contrasting with the Reserve Bank of India’s steady 6.5% growth estimate for the same period.