New Delhi, Sept. 20 -- India is on track to record real GDP growth of 6.5-7 per cent in the current fiscal, with nominal GDP growth expected at around 11-12 per cent, while corporate earnings growth could accelerate to 17 per cent next fiscal from 14 per cent, Jefferies said in its latest report.

The brokerage said India's structural growth story remains intact despite geopolitical challenges and elevated energy risks, with economic indicators showing greater resilience than expected.

According to the brokerage, the improvement in nominal GDP growth is expected to support a pickup in earnings growth from 14 per cent in the current fiscal to 17 per cent in the fiscal year beginning April 2027.

Jefferies highlighted strong bank credit gr...