GlobeVerge
INDIA
India’s GDP grows 7.8 per cent in Q1, beats RBI forecast
India’s economy grew 7.8 per cent in the April-June quarter of FY27, beating expectations and the RBI’s 7 per cent forecast. Despite geopolitical tensions and the Iran conflict, strong domestic activity helped sustain growth, keeping India the fastest-growing major economy
GlobeSignal-AImedium certainty
- Why it matters
- A stronger-than-expected growth rate reinforces India's standing as the fastest-growing major economy, which affects investor confidence in Indian assets and the RBI's credibility in economic forecasting.
- Most affected
- Investors in Indian equities and bonds — Growth outperformance may increase appetite for Indian financial assets.
The RBI — Economic forecast proved conservative relative to actual performance. - Likely next
- Whether the RBI adjusts its full-year growth forecast upward in coming communications.
Also reported by: The Indian Express
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