NSO releases first advance estimates: GDP may expand 7.4% in FY26:

Daily Current Affairs / NSO releases first advance estimates: GDP may expand 7.4% in FY26:

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Category : Business and economics Published on: January 10 2026

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According to the first advance estimates released by the National Statistics Office (NSO), India’s economy is projected to grow by 7.4 per cent in FY26, compared with 6.5 per cent in FY25, reflecting resilience despite ongoing global economic headwinds.
The growth outlook has been supported by a GDP deflator at a five-decade low of 0.5 percent (previous low: FY1975–76 at –1.6 percent). As a result, nominal GDP growth is estimated at 8 percent in FY26, marking the slowest expansion since the Covid-affected FY21.

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NSO releases first advance estimates: GDP may expand 7.4% in FY26: