India’s GDP growth pegged at 6.6% for FY26 on investment boost: India Ratings
Live MintNew Delhi: India Ratings and Research on Wednesday said that the country’s economic growth is likely to accelerate to 6.6% in the financial year starting 1 April, from 6.4% it has projected for FY25. Devendra Kumar Pant, chief economist and head, public finance, for India Ratings and Research, told reporters that the Reserve Bank of India’s interest rate cut would depend on whether food inflation is under control. For the first and second quarters of FY26, India Ratings and Research projected a growth of 6.7% and 7%, respectively, while the RBI’s estimates are 6.9% and 7.3%. Its estimates differed from the RBI’s—the central bank said inflation would reach 4% by the second quarter of FY26, while India Ratings said it would dip to that level in the third and fourth quarters of FY26 also.