India's GDP grows by 7.8% in first quarter of FY2026-27

India's GDP grows by 7.8% in first quarter of FY2026-27

News :India recorded GDP growth of 7.8% in the April-June quarter, according to recent official data. The economic figure is important because the country performed well in a time of global energy price pressures.
The new GDP figures have been met with welcome government reaction, with Prime Minister Narendra Modi calling it an 'achievement'. Nevertheless, economists have cautioned that the economy may find difficulties in the remainder of the financial year.
These economic figures are critically important as they affect subsequent inflation and commodity prices. India is also particularly at the center of scrutiny due to the country's dependence upon external oil prices, commodity prices, global trade conditions and domestic growth.
The current figures are an extremely positive beginning to the financial year, but they still leave India's future growth at risk due to both domestic inflation and external risks.
This is arguably India's second biggest piece of economic news for the first of September, 2

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Finance 

• Sep 2, 2026
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