India's Economic Growth Surges: What the Latest GDP Figures Reveal

India's Economic Performance in Q3 2025-26

New Delhi: The Indian economy experienced a growth of 7.8% in the October-December quarter of the fiscal year 2025-26, an increase from 7.4% during the same period last year, as per the latest national accounts data using 2022-23 as the reference year.

On Friday, the Ministry of Statistics and Programme Implementation (MoSPI) unveiled the updated series of Annual and Quarterly National Accounts Estimates, which now uses 2022-23 as its base year, replacing the earlier series that was based on 2011-12.

The new estimates indicate that the gross domestic product (GDP) is projected to grow by 7.6% in the current fiscal year, a slight increase from the 7.4% predicted in the advance estimates published by the ministry in January.

Additionally, the growth rate for the July-September quarter of 2025-26 has been adjusted upwards to 8.4%, up from the previous estimate of 8.2%.

Conversely, the growth rate for the first quarter has been revised down to 6.7%, a decrease from the earlier figure of 7.8%.