India's GDP growth reaches 7.8% in Q1 FY27, surpassing expectations
- India’s GDP grew 7.8% in Q1 FY27, beating economists’ 7.1% forecast and the RBI’s 7% estimate.
- Growth was driven by strong domestic demand, private investment, manufacturing and government spending.
- Manufacturing grew 9.2%, while financial services expanded 12.1%, supporting overall economic growth.
- The growth came despite global risks including high oil prices, geopolitical tensions and tighter financial conditions.
Source: deccanherald.com
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