By Admin 
Indian Economy: India’s economy is progressing rapidly. Meanwhile, global brokerage firm Goldman Sachs has said that India’s economy is expected to remain stable in the financial year 2027. The investment bank has estimated that India’s real GDP growth will be 6.8 percent in FY27, which is slightly less than 7.3 percent in FY26.
Goldman Sachs has said that a decisive policy change in policy towards supporting demand will strengthen growth. In 2025, India provided income-tax relief, rationalized and simplified the Goods and Services Tax (GST), focused on increasing liquidity and the RBI cut the repo rate by a total of 125 basis points to support consumption.
Britain left behind in 2021
In the year 2021, India became the fifth largest economy in the world. During this period, India became the fifth largest economy in the world, leaving Britain behind. From then till today India’s pace has remained the same. Even though India’s growth (6.4 percent) has been less than China’s (8.0 percent) in the last 25 years, this trend has changed in recent years. This is the reason why India left Japan behind last year and achieved the position of the world’s fourth largest economy.
What did other brokerages estimate?
In the report of SBI Mutual Fund last Friday, India’s nominal GDP growth rate is expected to increase to about 11 percent and real GDP growth to be around 7.2 percent in the financial year 2026-27. It has been said in the report of SBI Mutual Fund that the coming times will prove to be better for India’s economy. There are policy changes made by the government and increasing habits of people to buy better and expensive products.
However, during this period, global recession and geopolitics may prove challenging for the economy. Indian Ratings and Research (Ind-Ra) on Tuesday estimated that the Indian economy is likely to grow by 6.9 percent in the financial year 2026-27 (FY27). However, this is lower than the estimated growth rate of 7.4 percent for FY26.
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