India sees 7.2% GDP growth on public investment in ports and rail

The Reserve Bank of India (RBI), the country's central bank, kept its forecast of robust 7.2% expansion in gross domestic product for fiscal 2026-27.

Authorities highlighted that more than $130 billion of federal budget spending on high-speed rail networks, industrial corridors and container ports absorbed millions of rural workers, insulating the country from turbulence in Western markets.