Archive · 31 Aug 2026
India's 7.8% GDP Growth Defies Global Uncertainty, Modi Hails Resilience
India’s economy grew by 7.8% from April to June.
This was faster than many people expected.
The growth was also higher than the Reserve Bank of India’s 7% forecast.
Prime Minister Narendra Modi called the result a “Herculean feat.”
He said India grew despite higher oil prices and supply-chain problems.
Union Home Minister Amit Shah praised Modi’s leadership for helping the economy stay strong.
Growth was slower than the previous quarter’s 8.6%.
The reports said global uncertainty, including concerns about the war in Iran, could have hurt India’s economy.
India’s real GDP grew 7.8% in the April–June quarter, or Q1 of fiscal year 2026–27.
The growth exceeded the Reserve Bank of India’s 7% forecast and market expectations.
Prime Minister Narendra Modi called the result a “Herculean feat” despite oil-price shocks, supply-chain problems and global uncertainty.
Union Home Minister Amit Shah credited the result to Modi’s leadership and India’s economic resilience.
Growth slowed from 8.6% in the previous quarter but remained strong amid concerns linked to the war in Iran and disrupted energy markets.
- Who
- India’s economy, Prime Minister Narendra Modi and Union Home Minister Amit Shah.
- What
- India recorded 7.8% real GDP growth in the April–June quarter, the first quarter of fiscal year 2026–27.
- When
- The growth covers April–June; Modi and Shah commented on the data on Monday, August 31.
- Where
- India; Shah’s statement was reported from New Delhi.
- Why
- The growth was presented as evidence of economic resilience despite oil-price shocks, supply-chain issues, global uncertainty and disrupted energy markets.
- GDP growth
- 7.8% in the April–June quarter of fiscal year 2026–27
- Real GDP estimate
- Rs 81.36 lakh crore at constant prices
- Comparable period
- Rs 75.46 lakh crore in the corresponding quarter of fiscal year 2025–26
- Previous-quarter growth
- 8.6%
- Reserve Bank forecast
- 7% GDP growth forecast for the quarter
- Modi’s description
- A “Herculean feat” achieved despite global challenges
- Challenges cited
- Oil-price shocks, supply-chain issues, global uncertainty and disrupted energy markets
