GDP Growth

ICICI Bank Revises India’s FY27 GDP Growth Forecast to 6.9%

ICICI Bank has revised India’s GDP growth forecast for FY27 to 6.9%, reflecting optimism about the country’s economic trajectory while acknowledging global and domestic challenges. This updated projection highlights India’s resilience amid global uncertainties, inflationary pressures, and evolving trade dynamics. Why the Revision Matters GDP forecasts are critical for policymakers, investors, and businesses. ICICI Bank’s…

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Services PMI

Services PMI Rebounds to 58.5 in January, Signalling Strong Start to 2026

India’s services sector began 2026 on a robust note, with the Services Purchasing Managers’ Index (PMI) rebounding to 58.5 in January, marking one of the strongest expansions in recent months. The figure, well above the neutral 50 threshold, indicates significant growth momentum in the services industry, which is a critical driver of India’s economy. Strong…

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