According to Brasil 247, Data from the Quarterly National Accounts indicated that all three principal sectors -- Agriculture, Industry and Services posted growth during the year, highlighting the economy's resilience despite tight monetary conditions.
Despite a downward revision in nominal GDP following a change in the base year, India's overall fiscal dynamics remain very comfortable, with the fiscal deficit contained at 63 per cent of the revised estimates (RE) during April-January FY26, according to a report by Union Bank of India.
The domestic GDP growth is expected to advance further in the fourth quarter of the current financial year, supported by a strong boost to consumption spending along with a revival in investment, according to a report by Bank of Baroda.
Economists and industry leaders have termed India's 7.8 per cent GDP growth in the October-December 2025 quarter (Q3 FY26) as a sign of sustained economic momentum, even as the pace moderated from 8.4 per cent in Q2 FY26 under the new 2022-23 base year series.
India's latest base year revision of national accounts has led to an upward adjustment in GDP growth estimates for 2025-26, with analysts seeing it as analytically significant given that it captures structural changes in the economy and incorporates new data sources.
"Our existing series was based on the year 2011-2012. The international norm is that this should happen every five to seven years. However, due to COVID-19, we transitioned to a new financial system, and GST was introduced, which caused a slight delay," Garg said.
The revision of the base year for national accounts to 2022-23 will significantly strengthen policy formulation by providing more accurate and granular economic data, Statistics Secretary Saurabh Garg said.
India's latest base year revision of national accounts has led to an upward adjustment in GDP growth estimates for 2025-26. The government said that the use of annual surveys for household sector estimates and change in method of deflation improved the GDP estimates.
India's real GDP is estimated to grow by 7.6 per cent in the current financial year 2025-26, Ministry of Statistics and Programme Implementation (MoSPI) estimates showed Thursday.
The share markets in the country opened under pressure with a marginal decline on Friday amid weakness in global markets, while investors remained cautious ahead of the GDP data scheduled to be released later in the day.
The country's Gross Domestic Product (GDP) growth for the third quarter of the current financial year (Q3 FY26) is likely to remain elevated at 8.3 per cent despite an adverse base effect, according to a report by Union Bank of India.
Speaking at the Transport Logistic India 2026 conference organised by Messe Munchen India at the Jio World Convention Centre in Mumbai, the Minister outlined the State government's strategy to build a future-ready logistics ecosystem through infrastructure expansion, digital integration,