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India's GDP Stays Robust in January-March as Domestic Demand Offsets External Weakness
Private investment rose 10.8% and government spending increased 4.9%, helping offset weaker external demand, the data showed.
- India's economy grew 7.8% year-on-year in the January-March quarter, the government reported Friday, exceeding a Reuters poll forecast of 7.2% as domestic demand offset external headwinds from the Middle East conflict.
- Better farm output and construction activity spurred momentum, with farm output rising 3.6% and construction reaching 8.4%, despite disruptions from the Middle East conflict dampening external demand.
- Private consumer spending, which accounts for 57% of Indian GDP, grew 7.1%, while private investment rose 10.8%, according to the National Statistics Office data released Friday.
- The Reserve Bank raised its inflation projection to 5.1% on Friday while tempering annual growth forecast to 6.6%, stating policy has turned "cautious" due to deteriorating global conditions.
- Growth is expected to moderate starting in the April-June quarter, according to Mumbai-headquartered HDFC Bank's principal economist Sakshi Gupta, while a disappointing monsoon with the lowest rainfall in 11 years threatens future performance.
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In the first three months of 2026 GDP grew more than expected: +7.8%. Reserve bank of India leaves its interest rates at 5.25 percent
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India's Q4 GDP expands 7.8 pc, taking full year growth to 7.7 pc
New Delhi: India’s economy grew at a higher pace of 7.7 per cent during 2025-26 as compared to 7.1 per cent in 2024-25, according to government data released on Friday. In the January-March period of the 2025-26 fiscal year, the gross domestic product (GDP) is estimated to grow 7.8 per cent, the Ministry of Statistics & Programme Implementation (MoSPI) said. “Real GDP or GDP at Constant Prices is estimated to attain a level of Rs 323.12 lakh cro…
Coverage Details
Total News Sources24
Leaning Left3Leaning Right5Center3Last UpdatedBias Distribution46% Right
Bias Distribution
- 46% of the sources lean Right
46% Right
L 27%
C 27%
R 46%
Factuality
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