India’s Economy Grows 7.8% in Q1: Key Numbers, PM Modi’s Reaction and What It Means

India’s economy recorded 7.8% real GDP growth in the April-June quarter of FY2026-27, outperforming market expectations and maintaining strong momentum despite global economic uncertainties.

According to data released by the Ministry of Statistics and Programme Implementation (MoSPI), India’s real GDP growth stood at 7.8% in the first quarter of the current financial year. The figure was higher than the 7.1% growth forecast cited by Reuters and the Reserve Bank of India’s earlier 7% projection. 

The latest figure also represents an improvement over the 6.9% growth recorded in the same quarter a year earlier, although it was lower than the revised 8.6% growth recorded in Q4 FY2025-26.

Original article - https://www.storifynews.com/india-economy-gdp-growth-7-8-q1-fy2026-27/