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    <title>GDP to grow by 7.5 pc in FY26, says SBI report</title>
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    <description>The SBI research note projects FY26 GDP growth at about 7.5 per cent, with GVA and nominal GDP expanding around 7.3 per cent and 8 per cent respectively, and expects final estimates to change after the Second Advance Estimates and a 2022-23 base revision. It reports a projected fiscal deficit near Rs 15.85 lakh crore-slightly above the budgeted figure-but estimates the fiscal deficit ratio will remain about 4.4 per cent of GDP due to offsetting higher non-tax receipts and lower total expenditure.</description>
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