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India raises FY27 growth outlook as inflation eases and demand remains steady

India’s growth outlook improved with higher nominal projections and easing inflation, even as global trade and tariff risks continue to linger.
India is expected to peg its nominal GDP growth for FY27 at around 10%, reflecting improving macroeconomic conditions and easing inflation. Government estimates project real GDP growth of 7.4 %, for FY26, supported by resilient domestic demand and manufacturing activity. Inflation is forecast to moderate closer to 2 %, offering policy flexibility.