Anantha Nageswaran
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At 7.7%, India's GDP growth in FY26 beats slowdown predictions; but will the momentum continue?
India’s economy continues to defy all growth projections. At 7.8%, India’s GDP growth for the fourth quarter of FY 2025-26 beat all estimates by a wide margin. Retaining its tag of being the fastest growing major economy, India grew at a robust 7.7% in FY26, exhibiting fundamental strength in a quarter that was partially affected by the US-Iran war.
India's GDP growth estimated at 7.8% in January-March
India's GDP grows 7.8% in January-March on resilient farm, construction output NEW DELHI, June 5 : India's economy grew at an unexpectedly strong 7.8 per cent on-year in the January-March quarter, the government said on Friday, as better farm output and brisker construction activity helped offset weakening external demand emanating from the Middle East conflict. The print, the second in an updated data series with a revised base year and wider coverage, was well above a forecast of 7.2 per...
India's GDP stays robust in January-March as domestic demand offsets external weakness
India's GDP stays robust in January-March as domestic demand offsets external weakness NEW DELHI, June 5 : India's economy grew an unexpectedly strong 7.8 per cent year-on-year in the January-March quarter, the government said on Friday, as robust private investment, farm output and construction activity offset the early impact of the Middle East conflict. The print, the second in an updated data series with a revised base year and wider coverage, was well above a forecast of 7.2 per cent...
GDP rose 7.7% in FY26, 7.8% in Q4; RBI trims this year's projection to 6.6%
The Indian economy grew 7.8% in the Jan-March quarter as strong investment, sustained farm production and expansion of the construction and tertiary sector led to a robust demand, offsetting the anticipated adverse impact of the conflict in West Asia. Data released by the National Statistics Office (NSO) Friday with the revised 2022-23 base year estimated 2025-26 growth at 7.7%, compared with 7.6% in the second advance estimates released in Feb. This is comparably higher than the 7.1% growth...
India IPO gold rush becomes foreign firms’ cash-out machine
Foreign companies are increasingly using India’s booming initial public offering (IPO) market to cash out investments and send billions of dollars back to their home countries rather than raise fresh capital for expansion, according to a Reuters analysis. As per the report, only one of the six foreign-based companies that listed their Indian subsidiaries in Mumbai since 2024 raised new funds. The remaining IPOs were structured entirely as Offer for Sale (OFS) issues, allowing existing...
India's GDP grows 7.8% in January-March on resilient farm, construction output
India's GDP grows 7.8% in January-March on resilient farm, construction output NEW DELHI, June 5 : India's economy grew at an unexpectedly strong 7.8 per cent on-year in the January-March quarter, the government said on Friday, as better farm output and brisker construction activity helped offset weakening external demand emanating from the Middle East conflict. The print, the second in an updated data series with a revised base year and wider coverage, was well above a forecast of 7.2 per...