Current Affairs - Economy - Discussion

India’s real GDP grew by 7.8% year-on-year in the first quarter of FY27, covering the period from April to June 2026. This growth exceeded the Reserve Bank of India’s forecast of 7%, as well as estimates from the Moneycontrol poll and Reuters survey. The strong performance reflected the resilience of the Indian economy despite uncertainty in the global economic environment. Growth was supported by strong domestic demand, higher private and government consumption, robust investment, and positive performance in sectors such as services and manufacturing.