New Delhi, April 20 -- In the backdrop of geopolitical tensions and a recent market correction, India's real GDP growth is projected to be approximately 6.5 per cent for FY26-FY27, with nominal GDP expected to expand in the range of 10-11 per cent, according to a report released by HDFC Securities on Monday.

"The Big Review 2026" presents a detailed outlook on India's economy and capital markets for FY27. It underscores the government's sustained emphasis on infrastructure development, projecting that capital expenditure could account for nearly 32 per cent of total spending in FY27.

On the macroeconomic front, inflation is anticipated to ease to around 4.5 per cent, while the fiscal deficit target is estimated at 4.3 per cent, reflecti...