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India Eyes 6.8% Growth Amid Global Jitters, But Volatility Looms: CEA

  • India's Chief Economic Adviser V Anantha Nageswaran reaffirmed the government's fiscal 2026 growth outlook at 6.3–6.8%, citing resilient private consumption and strong services exports as key drivers.
  • Despite global headwinds, India's economy remains robust, but there are concerns about financial market volatility affecting growth outlook.
  • Multiple agencies project India's growth to be in the range of 6.3–6.7% in FY26, with a potential pickup in urban consumption aiding the economy to reach the upper end of the projected growth band.
  • Factors like high-frequency indicators, positive monsoon forecast, and growth-friendly monetary policy reinforce confidence in India's economic momentum, although diverging central bank rate paths globally may impact capital flows and financial markets.

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