India’s economy grew 7.8% in the April-June quarter of FY27, beating the RBI’s 7% forecast and market expectations of 7.1%. Manufacturing, financial and professional services, electricity and construction drove growth, while personal consumption rose 7.1% and investment increased by nearly 12%. But the picture is mixed. Growth slowed from the revised 8.6% recorded in the previous quarter, while agriculture growth moderated to 3.6% and mining contracted 2.4%. With high oil prices, West Asia tensions, costlier raw materials and rupee weakness posing risks, the bigger question is whether India can sustain faster growth. Show more Show less
India’s GDP grows at 7.8% in Q1, beats RBI forecast; is it enough for ‘Viksit Bharat’ goal?
India’s economy grew 7.8% in the April-June quarter of FY27, beating the RBI’s 7% forecast and market expectations of 7.1%. Manufacturing, financial and professional services, electricity and construction drove growth, while personal consumption rose 7.1% and investment increased by nearly 12%. But the picture is mixed. Growth slowed from the revised 8.6% recorded in the previous quarter, while agriculture growth moderated to 3.6% and mining contracted 2.4%. With high oil prices, West Asia tensions, costlier raw materials and rupee weakness posing risks, the bigger question is whether India can sustain faster growth.
96 words~1 min read
