New Delhi, Dec. 17 -- India's economy is expected to stay on relatively strong footing even as global growth slows and trade uncertainties persist, with GDP growth projected at 7.5% in FY26 and 7% in FY27, CareEdge Ratings said, pointing to early signs of a revival in the domestic private capital expenditure cycle and sustained investor interest in new-age sectors.

The outlook assumes significance amid global headwinds, even as steep tariff hikes by the US have not materially dented India's growth prospects so far, with goods trade showing signs of resilience and forward momentum.

Merchandise imports stood at $62.66 billion in November, while exports came in at $38.13 billion, resulting in a trade deficit of $24.53 billion. This marked ...