Economy, Banking and Finance · 22 January 2026

Moody's Ratings projects India GDP growth at 7.3% for FY26

Exam-focused facts from the 22 January 2026 current affairs briefing.

Key facts

  • Moody's Ratings forecasts India's economy to grow by 7.3% in FY 2025-26, up from 6.5% the previous year.
  • India's GDP per capita rose 8.2% year-on-year to $11,176 in FY 2024-25 while headline GDP grew 6.5%.
  • Total insurance premium revenue increased 17% to Rs 10.9 lakh crore in April-November 2025-26, with health premiums up 14% and life new business premiums climbing 20%.
  • The government has raised the foreign investment limit in Indian insurance companies to 100% of capital from 74%.