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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.
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economictimes.indiatimes.com
India is growing at 7%. It may still be too slow for Viksit Bharat
India may need to sustain annual growth of more than 9% to achieve its developed-economy ambition by 2047. Economists say reaching that goal will require stronger manufacturing,…
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India's FY27 growth seen at 7-7.2% as capex, domestic demand offset global headwinds: EY
India's real GDP growth is likely to remain resilient at 7 per cent-7.2 per cent in FY27, supported by buoyant domestic demand and continued government focus on capital…
