{"id":26572,"date":"2026-09-20T12:08:13","date_gmt":"2026-09-20T12:08:13","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=26572"},"modified":"2026-09-20T12:08:13","modified_gmt":"2026-09-20T12:08:13","slug":"india-gdp-growth-india-on-track-for-6-5-7-real-gdp-growth-this-fiscal-earnings-seen-accelerating-jefferies","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=26572","title":{"rendered":"India Gdp Growth: India on track for 6.5-7% real GDP growth this fiscal, earnings seen accelerating: Jefferies"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-134367952,imgsize-66238,width-400,height-225,resizemode-4\/indias-growth-prediction.jpg\" alt=\"India on track for 6.5-7% real GDP growth this fiscal, earnings seen accelerating: Jefferies\" title=\"Representative image\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>India is on track to record real GDP growth of 6.5-7 per cent in the current fiscal, while nominal GDP growth is expected to be around 11-12 per cent, according to a latest report by brokerage Jefferies.<span class=\"id-r-component br\" data-pos=\"2\"\/>The brokerage also expects corporate earnings growth to accelerate to 17 per cent in the fiscal year beginning April 2027, from an estimated 14 per cent in the current fiscal.<span class=\"id-r-component br\" data-pos=\"4\"\/>Jefferies said India&#8217;s structural growth story remains intact despite geopolitical challenges and elevated energy risks, with economic indicators showing greater resilience than expected.<span class=\"id-r-component br\" data-pos=\"6\"\/><\/p>\n<p><h2><b>Bank credit points to stronger economic activity<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"8\"\/>Jefferies highlighted strong bank credit growth as a key indicator of economic momentum.<span class=\"id-r-component br\" data-pos=\"12\"\/>Bank credit expanded 19.1 per cent year-on-year at the end of August, while corporate lending grew 21.6 per cent in July. Loans to micro, small and medium industrial enterprises rose 24.9 per cent, supported by deposit growth of 17.8 per cent in August.<span class=\"id-r-component br\" data-pos=\"14\"\/>According to the brokerage, the pickup in SME lending could indicate that recent GST and labour reforms, along with efforts to improve the ease of doing business, are beginning to generate benefits.<span class=\"id-r-component br\" data-pos=\"17\"\/>The increase in corporate lending also points to a possible revival of the long-awaited private-sector capital expenditure cycle, Jefferies said.<span class=\"id-r-component br\" data-pos=\"19\"\/><\/p>\n<p><h2><b>Domestic demand remains firm<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"21\"\/>The brokerage said domestic demand has remained resilient, with GST receipts rising 14.8 per cent year-on-year in August.<span class=\"id-r-component br\" data-pos=\"23\"\/>Power demand growth also accelerated to 9.4 per cent during April-August, compared with 1.8 per cent in January-March.<span class=\"id-r-component br\" data-pos=\"25\"\/>Residential real estate sales across the top seven cities rose 7 per cent year-on-year in the first seven months of 2026, compared with a 1 per cent decline in 2025.<span class=\"id-r-component br\" data-pos=\"28\"\/>Jefferies expects the improvement in nominal GDP growth to support a pickup in corporate earnings growth from 14 per cent in the current fiscal to 17 per cent in the fiscal year beginning April 2027.<span class=\"id-r-component br\" data-pos=\"30\"\/><\/p>\n<p><h2><b>Energy risks remain a key concern<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"32\"\/>The brokerage said India&#8217;s economic outlook remains exposed to developments in the Middle East, particularly through their impact on energy prices.<span class=\"id-r-component br\" data-pos=\"35\"\/>Brent crude was around $106 per barrel at the time of the report, while disruptions around key oil routes were adding pressure to energy markets.<span class=\"id-r-component br\" data-pos=\"38\"\/>Jefferies said India has so far avoided significant energy supply disruptions by continuing to source discounted Russian crude while also increasing purchases of US energy.<span class=\"id-r-component br\" data-pos=\"40\"\/>The brokerage expects the <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/reserve-bank-of-india\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" target=\"_blank\" rel=\"noopener\">Reserve Bank of India<\/a> to raise the repo rate by 50 basis points by the end of 2026 from the current rate of 5.25 per cent.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/india-on-track-for-6-5-7-real-gdp-growth-this-fiscal-earnings-seen-accelerating-jefferies\/articleshow\/134367899.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is on track to record real GDP growth of 6.5-7 per cent in the current fiscal, while nominal GDP growth is expected to be around 11-12 per cent, according to a latest report by brokerage Jefferies.The brokerage also expects corporate earnings growth to accelerate to 17 per cent in the fiscal year beginning April [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-26572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"India is on track to record real GDP growth of 6.5-7 per cent in the current fiscal, while nominal GDP growth is expected to be around 11-12 per cent, according to a latest report by brokerage Jefferies.The brokerage also expects corporate earnings growth to accelerate to 17 per cent in the fiscal year beginning April [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":1,"magazineBlocksPostReadTime":2,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/indias-growth-prediction.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/26572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26572"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/26572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/26573"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}