Financial News: India GDP Growth Accelerates

India GDP Growth Accelerates

06/05/2026 - 08:22:00 (RTTNews)

(RTTNews) - India's economy logged robust growth in the March quarter despite geopolitical tensions, official data showed Friday.

Gross domestic product grew 7.8 percent on a yearly basis in the January to March quarter, the Ministry of Statistics and Programme Implementation reported.

This was weaker than the 8.0 percent growth posted in the preceding quarter but outpaced economists' forecast of 7.2 percent.

In the financial year 2025-26, the economy registered 7.7 percent expansion compared to 7.1 percent in the prior year.

The Reserve Bank of India today downgraded India's growth outlook for 2026-27 to 6.6 percent from 6.9 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Job Growth Far Exceeds Estimates In May (06 min(s), 33 sec(s) ago)
(RTTNews) - Employment in the U.S. jumped by much more than expected in the month of May, accordin ...Full Story»

U.S. Employment Jumps By 172,000 Jobs In May, Much More Than Expected (01 hr(s), 08 min(s), 33 sec(s) ago)
(RTTNews) - Employment in the U.S. jumped by much more than expected in the month of May, accordin ...Full Story»

U.S. Employment Jumps By 172,000 Jobs In May, Much More Than Expected (01 hr(s), 10 min(s), 33 sec(s) ago)
(RTTNews) - Employment in the U.S. jumped by much more than expected in the month of May, accordin ...Full Story»

India GDP Growth Accelerates (01 hr(s), 26 min(s), 33 sec(s) ago)
(RTTNews) - India's economy logged robust growth in the March quarter despite geopolitical ten ...Full Story»

Eurozone Economy Shrinks For First Time Since 2022 (01 hr(s), 31 min(s), 33 sec(s) ago)
(RTTNews) - The euro area economy contracted for the first time in more than three years in the fi ...Full Story»

India Maintains Key Interest Rates; Unveils Measures To Boost Dollar Inflows (02 hr(s), 43 min(s), 33 sec(s) ago)
(RTTNews) - The Reserve Bank of India left its key policy rates unchanged on Friday and unveiled a ...Full Story»

BoE DMP Survey Shows Firms Raise Year-ahead Output Price Inflation Expectations (04 hr(s), 12 min(s), 33 sec(s) ago)
(RTTNews) - A Bank of England survey showed on Friday that businesses expect a bigger increase in ...Full Story»

India Holds Key Interest Rates; Upgrades Inflation Forecast (07 hr(s), 11 min(s), 33 sec(s) ago)
(RTTNews) - The Reserve Bank of India left its key policy rates unchanged on Friday, and upgraded ...Full Story»