India’s economy shows resilience amidst tension! 7.8% GDP growth surprises; here is the full picture of the growth trajectory.

India’s economy shows resilience amidst tension! 7.8% GDP growth surprises; here is the full picture of the growth trajectory.

Despite rising inflation driven by ongoing tensions in West Asia, India’s economy proved stronger than the RBI’s projections. GDP growth stood at 7.8% for the April-June quarter of this year, surpassing the RBI’s estimate of 7%. In the corresponding quarter last year, the growth rate was 6.9%. The finance, real estate, IT, and professional services sectors recorded an 11.5% expansion, sustaining the momentum of GDP growth despite inflationary pressures. These figures were released by the Central Government’s statistics department on Monday… Meanwhile, Prime Minister Narendra Modi congratulated the nation on the 7.8% GDP growth recorded in the first quarter of the 2026-27 fiscal year…