Q1 FY27 growth may surpass RBI's 6.6% estimate if momentum continues

Indian economy's Q1 FY27 growth may surpass RBI's 6.6% estimate if momentum continues. High-frequency indicators in April and May showed above-average acceleration. SBI Research said, "the Indian economy is poised to remain the fastest-growing major economy in FY27." Formalisation and digitisation are key drivers.