Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
India’s economy is expected to grow slightly faster this fiscal year, with economists in a recent Reuters poll raising their forecasts for the second consecutive month. The revision follows a stronger-than-expected 7.8% GDP expansion in the April–June quarter, signaling sustained economic resilience.
According to the October 15–24 Reuters survey of over 40 economists, India’s gross domestic product (GDP) is now projected to grow 6.7% this fiscal year—up from 6.6% in September and 6.3% in August. The boost is driven by robust consumer demand and the government’s decision to cut Goods and Services Tax (GST) rates ahead of the festive season.
Despite lingering pressure from a 50% U.S. tariff on Indian exports, optimism has grown following recent talks between Washington and New Delhi that may ease trade tensions. Economists noted that if tariffs are reduced, growth in the second half of the fiscal year could exceed expectations.
The Reserve Bank of India (RBI) is also expected to support growth through monetary easing. Around 68% of economists predict a 25 basis point rate cut in December, after the RBI kept the repo rate steady at 5.50% in October. With inflation averaging 2.5% this year and expected to rise to 4.2% next year, policymakers appear to have room to stimulate growth.
However, challenges remain. Private investment continues to lag due to global uncertainty and policy shifts, especially from the U.S., which have dampened investor confidence. Analysts believe investment activity will rebound once external pressures subside.
Economists forecast India’s GDP to expand by 6.5% in each of the next two fiscal years, maintaining its status as the world’s fastest-growing major economy.
