Released on Thursday, the report said recent tax reforms and monetary easing are likely to provide additional near-term support to growth. The 2026 growth projection has also been raised by 20 basis points to 6.6%, the report showed. Global growth in 2026 is expected at 2.7%, higher than the earlier estimate of 2.5% but marginally slower than in 2025. In 2027, global growth is projected to edge up to 2.9%, still below the pre-pandemic average of 3.2% recorded between 2010 and 2019. “The sustained strength in high-frequency data in the December quarter is encouraging, as it reinstates domestic demand carrying the growth baton for India.

Source: Mint January 09, 2026 09:20 UTC