๐๐ป๐ฑ๐ถ๐ฎ'๐ ๐๐๐ฃ ๐๐ฟ๐ผ๐๐ ๐ณ.๐ด% ๐ถ๐ป ๐ค๐ฐ ๐๐ฌ๐ฎ๐ฒ ๐ฎ๐ป๐ฑ ๐ณ.๐ณ% ๐๐๐น๐น ๐ฌ๐ฒ๐ฎ๐ฟ ๐๐ฒ๐ฎ๐๐ ๐๐๐๐ถ๐บ๐ฎ๐๐ฒ๐
India's economy grew 7.8% in the fourth quarter of fiscal year 2025-26. The result topped forecasts. Experts had expected the US-Iran conflict to slow growth.
Full-year growth for FY 2025-26 came in at 7.7%. This exceeds the government's earlier estimate of 7.6%.
Sector growth in Q4:
- Trade, hotels, transport, communication, broadcasting, and storage services rose 12.5%
- Financial, real estate, and professional services rose 10.4%
- Construction expanded 8.4%
- Manufacturing expanded 7.3%
Real GDP for the January-March quarter reached Rs 87.77 lakh crore. The same period last year recorded Rs 81.40 lakh crore. Nominal GDP for the quarter stood at Rs 94.65 lakh crore. This shows a 9.1% gain.
For the full year, real GDP is set to reach Rs 323.12 lakh crore. The previous year recorded Rs 299.89 lakh crore. Nominal GDP is estimated at Rs 346.36 lakh crore. This shows an 8.9% jump from the year before.
Expert comments:
Sujan Hajra, Chief Economist at Anand Rathi Financial Services, said India's economy keeps surprising pessimists. Domestic demand stayed strong despite weak global trade. India stays the world's fastest-growing major economy. Hajra sees growth cooling in FY27 as global risks climb. Even so, he sees a 7% expansion as likely. Consumption, investment, and policy support will drive the expansion.
Aditi Nayar, Chief Economist at ICRA, said uncertainty about the end of the conflict points to high energy prices for a long time. This threatens near-term growth. Weak investment demand, lower corporate profits, and softer consumer sentiment will follow. Nayar added El Nino conditions and a weak 2026 monsoon forecast have dimmed the farm outlook and rural demand. ICRA predicts GDP growth will fall below 6.5% in FY27. This assumes crude oil averages $95 per barrel.