India’s GDP growth likely to cross 8 pc in Q3 FY26 despite global headwinds: SBI report

New Delhi, India’s GDP growth in the third quarter of FY26 is likely to come at 8-8.1 per cent, an SBI Analysis report mentioned on Tuesday, including that the home economic system has maintained robust growth momentum despite global headwinds.

Excessive-frequency exercise knowledge signifies resilient financial exercise in Q3 FY26 (October-December 2025).

“Rural consumption stays robust, pushed by constructive alerts from farm and non-farm exercise. Supported by fiscal stimulus, city consumption reveals a constant uptick because the final festive season,” mentioned Dr. Soumya Kanti Ghosh, Group Chief Financial Adviser, State Financial institution of India.

As per the primary advance estimate, GDP is estimated to growth at 7.4 per cent in FY26, with growth largely pushed by home demand.

India is updating its GDP base yr from 2011-12 to 2022-23, with the brand new collection scheduled for launch on February 27.

This revision, together with an up to date CPI base (2024), goals to higher mirror the present financial construction, together with elevated digital commerce and repair.

The overhaul consists of higher measurement of the casual sector and new knowledge sources like GST, doubtlessly inserting India because the world’s fourth-largest economic system.

“Given vital methodological modifications and new knowledge collection to be launched, it’s troublesome to predict the extent of revision,” mentioned the report.

The brand new methodology will incorporate extra granular knowledge, together with GST data, e-Vahan (automobile registrations), and data on pure fuel consumption.

The Second Advance Estimates of GDP for 2025-26 together with previous 3 monetary years’ GDP estimates in addition to Quarterly GDP estimates as per the brand new base 2022-23 will likely be launched on February 27.

As per the newest Financial Survey, India’s potential GDP is estimated to be round 7 per cent and estimated to develop in the vary of 6.8-7.2 per cent throughout FY27.

In the meantime, the global financial atmosphere is characterised by excessive uncertainty, with growth projected at 3.3 per cent each in 2025 and 2026 however stay uneven elsewhere due to geopolitical tensions, excessive debt, and structural shifts like digitalisation and decarbonisation.

-IANS

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