India's GDP Growth Hits 7.6% in Q3, Outperforms Estimates

• India's economy shows robust growth, with a 7.6% rate projected for fiscal year 2026, up from 7.1%.
• The base year for national income series has been revised from 2011-12 to 2022-23, reflecting a stronger economic picture.
• New methodology includes more companies and business units, providing a broader reflection of economic activities.
• Growth rates for fiscal years 2025 and 2024 have been revised upwards to 6.8% and 9.5% respectively.
• The new GDP framework expands data collection and improves estimation techniques for a more accurate economic picture.