India GDP estimated to grow at 7.5 per cent in FY26: Report

India’s real gross domestic product (GDP) is likely to grow at 7.5 per cent in FY26 and moderate to 7 per cent in the subsequent fiscal year, a domestic rating agency said on Wednesday. The rupee, which is hitting lifetime lows lately and has breached the 91-mark, will appreciate and is expected to be at the 89-90 level in FY27, according to Careedge Ratings. “India’s macroeconomic outlook remains constructive heading into FY27. Even with external uncertainties lingering, the Indian economy is expected to record healthy growth of 7 per cent in FY27,” its chief economist Rajani Sinha said. The growth…