Current Affairs - Economy - Discussion

SBI Research revised India’s real GDP growth forecast for FY27 upward to 7.3% from its earlier estimate of 6.6% on September 1, 2026. The revision followed strong economic performance in Q1 FY27, when real GDP growth reached 7.8%, and GVA growth stood at 8.2%. The improved forecast is supported by stronger industrial production, services activity, credit demand, and resilient domestic consumption. SBI Research projected quarterly growth of 7.3% in Q2, 7.2% in Q3, and 6.9% in Q4. The report also highlighted robust manufacturing, services, capital formation, and export growth as important contributors.