India's Economy Forecasts 7.35% Growth in Q2 FY27

The Ministry of Finance released its quarterly growth projection on Tuesday, indicating that the Indian economy will grow by 7.35% in the second quarter of fiscal year 2027. This figure represents a modest rise from the 7.1% growth recorded in Q1 FY27, suggesting a steady but slightly slower acceleration. Economists note that the projection reflects robust domestic consumption and a rebound in manufacturing output after the pandemic downturn. The Reserve Bank of India is expected to maintain its accommodative monetary stance to support the growth trajectory. Analysts warn that external shocks, such as global commodity price swings, could still pose risks to the forecasted expansion.