Economic Survey Highlights India's Stability, Nifty Reclaims 25,400 Amid Global Uncertainty
Business
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CNBC TV18•29-01-2026, 22:00
Economic Survey Highlights India's Stability, Nifty Reclaims 25,400 Amid Global Uncertainty
- •India's Economic Survey 2026 projects FY27 GDP growth at 6.8-7.2%, calling India an "oasis of stability" despite global risks.
- •Nifty closed higher, reclaiming 25,400, led by L&T, Tata Steel, and Coal India; corporate results were mixed with Dabur showing growth and ITC profit drop.
- •Global markets saw Meta shares jump 10% after strong Q4, while Microsoft slipped 7% due to slower cloud growth.
- •Chief Economic Adviser warned of a 10-20% chance of a 2008-like financial crisis in 2026, adding to global uncertainty.
- •Supreme Court stayed UGC's Equity Regulations 2026, citing vague provisions and ordering a redraft.
Why It Matters: India's economy shows strong growth and stability, but global uncertainties and domestic challenges persist.
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