India’s economy has delivered a stronger performance than many expected, with the latest data offering a reassuring picture of its resilience in a turbulent global environment. Gross Domestic Product (GDP)—the standard measure of the size and growth of an economy—expanded 7.8 per cent year-on-year (y-o-y) in the April-June quarter (Q1FY27), compared with 6.9 per cent in the same quarter a year earlier (Q1FY26). The figure, released by the ministry of statistics and programme implementation (MoSPI) on August 31, is well ahead of analysts’ forecasts and the Reserve Bank of India’s own projection of 7 per cent.
