Observers and experts of the Indian economy have hailed the first-quarter GDP growth figures, saying that the numbers are a strong sign of economic resilience.
Chief Economic Adviser V Anantha Nageswaran on Friday said India's domestic consumption growth can offset the US tariff-related losses, which is why the GDP estimates for the year 2025-26 haven't been revised downwards.
The residential real estate market, which saw a decline in the first quarter of FY26, has shown a pick-up over the past two months of June & July, according to data from a HSBC Global Investment Research report, citing Prop Equity.
India's GDP for the first quarter of financial year 2026 is expected to clock a growth rate of 7 per cent, up from 6.5 per cent in the first quarter of Financial year 2025 (Q1 FY25), according to a report by Union Bank of India (UBI).
Adani Group has reported a record financial performance for its portfolio in the Trailing Twelve Months (TTM) ending June 2025 and for the first quarter of FY26.
The LPG under-recovery for Oil Marketing Companies (OMCs) witnessed a sharp decline in the first quarter of FY26, narrowing by nearly 35 per cent quarter-on-quarter, according to a report by Care Edge Ratings.
India's first human Space mission, "Gaganyaan" programme, has entered its final phase, with the first human spaceflight now scheduled for the first quarter of 2027.
India's automobile sector displayed a patchy performance in the first quarter of FY26, with two-wheelers and tractors driving growth while passenger and commercial vehicles remained largely subdued, according to a report by Axis Securities.
The gross non-performing assets (NPAs) of banks fell sharply in the first quarter of FY26, reflecting an improvement in overall asset quality, according to a report by Care Edge Ratings.
The consumer discretionary sector witnessed continued moderation in the first quarter of the current financial year, but hopes for a recovery are pinned on the upcoming festive season, according to a report by Systematix Research.
The Indian economy may have registered a strong growth rate of around 6.8 per cent to 7 per cent in the first quarter of the current financial year, significantly higher than the Reserve Bank of India's estimate of 6.5 per cent, according to a report by the State Bank of India (SBI).
The credit costs of scheduled commercial banks (SCBs) in the country surged in the first quarter of the current financial year, even as their asset quality worsened marginally on a sequential basis, according to a report by CareEdge Ratings.