India Outpaces RBI Forecast with 7.8% GDP Rise in First Quarter

In the first three months of FY 2026-27, India’s real GDP expanded by 7.8 percent, surpassing the Reserve Bank of India's estimate of 7 percent for the quarter. Prime Minister Narendra Modi attributed the achievement to the nation’s unified effort, which has kept growth on track despite external shocks such as oil price swings and supply‑chain challenges. The growth rate also improved on the 6.9 percent recorded in the same period a year earlier, reinforcing confidence in India’s economic outlook.