total-factor-productivity News

Axis Bank chief economist sees GDP growing at 7.5% in FY27

MUMBAI: Structural and regulatory reforms, lower borrowing costs, accelerated capital formation, benign inflation and a cyclical boost from policy easing will help the economy gain more momentum in FY27, growing at 7.5% according to a private forecast. According to Neelkanth Mishra, the chief economist at Axis Bank and head of research at Axis Capital, the economy can sustain above-trend growth without inflationary pressures given economic slack. He told reporters here Tuesday that he expect th ...Read More >