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GDP grows 7.8%, beats estimates
The Morning Standard
|August 30, 2025
Robust govt spending boosts Q1 growth; India, Japan unveil 10-yr economic roadmap
HV AMID unprecedented global uncertainties precipitated by US President Donald Trump's tariff war, India's GDP grew to a 5-month high of 7.8% in the April-June quarter, beating all estimates and surprising many.
Most analysts had expected India's growth to come in below 7% during the period.
Even the RBI projection for the first quarter was a moderate 6.5%, which showed the spectacular resilience of the Indian economy.
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