2 days ago
India’s Q1 GDP Growth Hits 7.8%, Beats RBI Estimate
India’s economy grew by 7.8% from April to June.
This period was the first quarter of the 2026-27 financial year.
The growth was faster than the Reserve Bank of India expected.
The RBI had predicted growth of 7%.
The value of goods and services produced in India increased compared with the same period last year.
Real GDP reached Rs 81.36 lakh crore.
Nominal GDP rose by 10.3% to Rs 88.27 lakh crore.
The figures suggest the economy continued growing despite difficult conditions around the world.
India’s real GDP grew 7.8% in the April-June quarter of FY2026-27.
The growth rate exceeded the Reserve Bank of India’s earlier estimate of 7%.
Real GDP rose to Rs 81.36 lakh crore from Rs 75.46 lakh crore a year earlier.
Nominal GDP increased 10.3% to Rs 88.27 lakh crore.
The data indicates India’s economy maintained momentum despite global headwinds.
- Who
- India’s economy, with data released by the Ministry of Statistics and Programme Implementation.
- What
- Real GDP grew 7.8%, exceeding the Reserve Bank of India’s 7% estimate.
- Where
- India.
- When
- April-June, the first quarter of FY2026-27; the data was released on Monday.
- Why
- The figures show that India maintained economic growth momentum despite global headwinds.
Key facts
- Real GDP growth
- 7.8% in the April-June quarter of FY2026-27
- RBI estimate
- 7% for the quarter
- Real GDP
- Rs 81.36 lakh crore, compared with Rs 75.46 lakh crore a year earlier
- Nominal GDP growth
- 10.3%
- Nominal GDP
- Rs 88.27 lakh crore
- Reporting authority
- Ministry of Statistics and Programme Implementation
Sources
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