India Holds Steady at 7% GDP Growth Forecast, Eyes UPI Fee Shift
India's economic trajectory remains a strong 7% for the current fiscal year, according to NITI Aayog Member Arvind Virmani, who is keeping a close watch on global headwinds. Despite persistent uncertainty from international trade disputes and ongoing global developments, Virmani's forecast suggests a steady, albeit cautious, outlook for one of the world's fastest-growing major economies. This stability is paired with a push for a significant policy shift in the booming digital payments space, with a new fee structure for UPI transactions set to take effect from October 15, 2026.











