Mumbai, Sept. 30 -- India's economy is expected to grow at around 7.0 per cent in fiscal 2026-27, following a stronger 7.8 per cent growth in fiscal 2025-26, with the next phase of expansion likely to depend on infrastructure development, deeper capital markets and stronger financial intermediation, according to a report by S&P Global.

The report said India's economy significantly outperformed expectations in fiscal 2025-26 despite high US tariffs and global uncertainty. It said the strong growth reflected the strength of domestic economic drivers and India's ability to navigate an increasingly uncertain global environment.

However, growth is expected to moderate to about 7.0 per cent in fiscal 2026-27.

It said, "Growth is expected to ...