7.8% slam dunk! 'Dead' economy proved to be quite alive and kicking
- Posted on September 1, 2026
- By Business News Today
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- 1 min read
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7.8% slam dunk! 'Dead' economy proved to be quite alive and kicking
Indias GDP grew 7.8% in Q1 FY27, beating the RBIs 7% forecast and the 7.1% Reuters poll median despite an oil shock, geopolitical tensions and trade disruptions. Growth was broad-based, with consumption rising 7.1%, investment 11.9%, manufacturing 9.2% and services around 10%.