Economy, Banking and Finance · 10 January 2026
United Nations (UN) upgrades India's 2026 GDP growth forecast to 6.6% and projects 6.7% for 2027.
Exam-focused facts from the 10 January 2026 current affairs briefing.
Key facts
- The UN has raised India's 2026 GDP growth projection to 6.6% from the earlier 6.4%.
- India's GDP is forecast to grow 6.7% in 2027.
- India's GDP is expected to expand 7.4% in 2025.
- Inflation in India is forecast at 4.1% in 2026.
- On a financial year basis, India's economy is estimated to grow 7.2% in 2025-26 and 6.6% in 2026-27.
- The US has imposed a 50% tariff on India, including a 25% penalty for importing Russian oil.
- The US accounts for around 18% of India's exports.
- Globally, GDP growth is projected at 2.7% in 2026, marginally lower than the estimated 2.8% for 2025.
- The US economy is anticipated to grow 1.9% in 2025 and 2% in 2026.
- China's growth is forecast at 4.9% in 2025 and 4.6% in 2026.