August 31, 2026
Indiaโ€™s economy expands 7.8% in fiscal first quarter, beating estimates


Girls buy a rakhi from a roadside stall in Nagaon District, Assam, India, on August 26, 2026, ahead of Raksha Bandhan, a Hindu festival celebrating the bond between brothers and sisters.

Nurphoto | Nurphoto | Getty Images

India’s economy grew by 7.8% in the quarter ending June, mainly driven by strong performance in the financial, real estate, information technology and professional services sectors.

According to aย Reuters poll, the economy was expected to grow by 7.1% in its fiscal first quarter, below the 7.8% recorded over the previous quarter.

This is a developing story and will be updated shortly.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *