New Delhi, Nov 24 || India’s economy is expected to grow 6.5 per cent in the current financial year, driven mainly by strong domestic demand, recent tax cuts, and monetary policy easing, a new report said on Monday.
The data compiled by S&P Global Ratings also projected growth to rise to 6.7 per cent in the next fiscal, with risks to the outlook remaining balanced.
India’s growth momentum has remained strong, with the real GDP expanding 7.8 per cent in the April–June quarter of FY26, the fastest pace in five quarters, the report said.
The government will release the GDP figures for the July–September quarter on November 28.
In its latest Economic Outlook for the Asia-Pacific region, S&P Global said domestic demand continues to support growth, even with the impact of US tariffs on Indian goods.