Economy, Banking and Finance · 21 April 2026
SBI Research projects India GDP growth between 6.8% and 7.1% for FY27
Exam-focused facts from the 21 April 2026 current affairs briefing.
Key facts
- SBI Research projects India's Gross Domestic Product (GDP) growth between 6.8% and 7.1% for FY27.
- India's growth for FY26 is estimated at 7.6%.
- For FY27, inflation is projected to average 4.5% and the fiscal deficit is estimated between 4.5% and 4.6%.
- The report identifies the International Financial Services Centre (IFSC) GIFT City as a stable global financial destination.
- Indian airports may emerge as alternative transit hubs due to airspace risks over parts of the Middle East and the United Arab Emirates (UAE).
- The Reserve Bank of India (RBI) is expected to maintain its current monetary policy status quo.