India’s GDP Seen At 7.4% In FY26 | Experts Decode Govt’s Advance Estimates

India’s economy is expected to grow at a robust 7.4% in FY26, according to the Government of India’s First Advance Estimates, marking a sharp rise from 6.5% in FY25. In this edition of Business Today, Siddharth Zarabi, Group Editor, Business Today, anchors a detailed discussion with Saugata Bhattacharya, Senior Fellow at CPR and Member of the Monetary Policy Committee, and Siddhartha Sanyal, Chief Economist at Bandhan Bank, on the drivers behind India’s growth momentum. The estimates project nominal GDP growth of 8% and real GVA growth of 7.3%, led by strong expansion in the services sector, particularly financial, real estate and professional services, along with steady growth in manufacturing and construction, rising private consumption, and improved gross fixed capital formation. The panel analyses what the FY26 growth outlook means for the Union Budget, inflation trends, investment climate, and the broader Indian economic outlook amid global uncertainties