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Data▲ Bullish for Indian equities
India cannot afford to take its growth performance for granted: Monthly Economic Report
The brief
- India’s real GDP grew 7.8% in the first quarter of FY27
- Manufacturing, construction and services contributed to growth
- Robust growth supports earnings prospects for Indian industrial, construction and services companies
- CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3%
- Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum
- US economy picks up pace in Q2, grows 2.2%
- US core PCE inflation undershoots estimates as Q2 GDP growth is revised to 2.2%
- Beyond the 7% headline: S&P maps the forces driving India’s next growth phase