India's Economy Soars: 7.6% GDP Growth Stuns World, Poised to Overtake China and US

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India's Economy Soars: 7.6% Growth Rate, New GDP Figures Astound World

India's Economy Soars: 7.6% Growth Rate, New GDP Figures Astound World

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News18•27-02-2026, 16:56

India's Economy Soars: 7.6% Growth Rate, New GDP Figures Astound World

•India's economic growth rate (GDP) is projected to reach 7.6% in FY26, up from 7.1% in FY25.
•The government adopted 2022-23 as the new base year for GDP calculation, improving growth estimates.
•Growth rate for FY25 increased from 6.5% to 7.1%, and FY24 recorded 7.2% in the revised series.
•Quarterly data shows strong momentum: Q3 at 7.8%, Q2 at 8.4%, and Q1 at 6.7%.
•New methodology includes a larger company database, expanded business scope, and 'Double Deflation' for accurate economic activity capture.

Read Full Article on News18 in Marathi

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