- Global growth is expected to hold around 2.6% in 2026 and 2.7% in 2027, with inflation near 4.7% and oil prices around $89/barrel; the IMF says the disinflation stall and thinning buffers raise vigilance, though a full-scale global recession is not the base case.
- India’s Q1 FY26–27 GDP at 7.8% (real GVA 8.2%) underscores resilience despite West Asia tensions and supply shocks; finance, real estate, IT and professional services led with 12%+ growth.
- India’s nominal GDP at $3.92 trillion in 2025–26 places it as the sixth-largest economy; the IMF projects India to remain the fastest-growing major economy over the next two years.
- Finance Minister Nirmala Sitharaman indicated India is likely to sustain 7%+ growth in FY 2026–27 despite global uncertainties.
- G20 discussions saw US push for tougher trade barriers on China to reduce imbalances, a signal of rising protectionist pressure that could affect export-dependent economies.
