GDP Growth

Moody's cites stronger-than-expected economic activity and resilience to the West Asia conflict, but warns elevated energy prices could push inflation above its forecast

The break-up of these calculations is complicated since many manufactured products are inputs for other manufactured products

Bank of Baroda raised its FY27 growth forecast to 7-7.2 per cent after robust Q1 growth, but flagged upside risks to inflation and the fiscal deficit from monsoon and oil

The dispute concerns methodology, base years, deflators, and the various adjustments required to convert the bewildering activity of 1.4 billion people into a single number

Former NSC chief Rajeeva Karandikar defends India's new GDP series, calling for greater transparency while rejecting claims of data manipulation

Speaking at the centenary celebrations of SRCC in Delhi, PM Modi said the growth figure had boosted confidence in the economy despite the war in West Asia and global trade challenges

It may take a while to develop a gut feel for the methodology, but looking beyond GDP to the Li Keqiang approach may offer some answers

World Bank Executive Director Neelkanth Mishra said high-frequency indicators such as vehicle sales, cement volumes and credit demand point to strong economic momentum despite doubts over GDP data

Despite billions of dollars in announced data centre investments, India's GDP gains may remain limited by 2030 as high import dependence curbs domestic value addition and job creation

The base year change from 1999-00 to 2004-05 led to a 6% rise in nominal GDP numbers of Q1FY08

The government has revised the GDP estimate for Q1 FY2025-26 following the introduction of a new GDP series with 2022-23 as the base year

India recorded a "remarkable growth" of 7.8 per cent in the first quarter of fiscal year 2026-27 despite global disruptions, and against all odds, remains the fastest-growing major economy in the world, Finance Minister Nirmala Sitharaman said. Sitharaman on Wednesday participated in a high-level business roundtable with investors, organised by the Consulate General of India in New York in association with Bank of America, New York. Addressing investors, Sitharaman said that "despite global disruptions and against all odds, India continues to be the fastest-growing major economy in the world, recording a remarkable growth of 7.8 per cent in Q1 of FY 2026-27," the Finance Ministry said in a post on X. Sitharaman arrived here after participating in the G20 finance ministerial meeting in Asheville, North Carolina. Sitharaman added that with its strong reform orientation, India has also provided greater regulatory certainty through a range of reforms, including the Insolvency and ...

PM cites India's 7.8 per cent June-quarter GDP growth to renew his Swadeshi pitch, urging citizens to embrace self-reliance and sustain economic momentum

Prime Minister Narendra Modi on Tuesday applauded the country's people for the 7.8 per cent GDP growth rate, calling the feat particularly impressive, coming against the backdrop of global turmoil, geopolitical conflicts, and supply chain disruptions. In a video message on Instagram, the prime minister also slammed those spreading "jhooth ki goonj" (an apparent riff on Rahul Gandhi's 'Chhatron ki Goonj' campaign), saying the latest GDP growth rate tore through the narrative of "pessimism" about the Indian economy. Modi said India must maintain the growth momentum and continue working towards greater self-reliance and 'Swadeshi'. "We must maintain this momentum. We must keep moving forward, and for that, becoming Atmanirbhar Bharat is essential," he said. The prime minister said if people continue to stress on Swadeshi and self-reliance, the country's youth will be presented with a developed India in the 100th year of Independence. He also asked people not to go for foreign holiday

India's economy has shown resilience despite tariffs and the West Asia conflict, with strong domestic demand, healthier balance sheets and investment supporting growth

The data from the expenditure side showed that private final consumption expenditure increased 7.1 per cent during the quarter, an improvement over the previous year but below the headline rate

The prime minister said that India's exemplary GDP growth during Q1 of FY 2026-27 is a "herculean feat"

Finance Minister Nirmala Sitharaman says India can maintain its growth momentum despite geopolitical uncertainties and supply-chain disruptions

Risks to the outlook for Asia's third-largest economy, which imports more than 85 per cent of its oil, have increased as crude prices are above $90 a barrel and may climb higher

Gupta also sounded confident about India's external accounts, saying it will be 'much more conducive'