RBI GDP outlook FY26: India retains FY26 GDP at 7.6%, sets FY27 growth at 6.9% as Iran war, oil risks mount
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India's GDP growth for Q3FY26 was reported at 7.8% under the new series, with nominal GDP growing 8.9%. The economy is expected to grow 7.6% in FY26, compared to 7.1% in FY25, with real Gross Value Added estimated to grow 7.7% in FY26.
India's Q3FY26 GDP growth was 7.8% under the new series. Nominal GDP grew 8.9% to Rs 90.91 lakh crore. Real GDP is projected at 7.6% in FY26, with nominal GDP at Rs 345.47 lakh crore. The new GDP series has a revised base year of FY23. The economy's growth is driven by domestic consumption and cautious fiscal handling. The manufacturing sector showed resilience with 13.3% growth. The finance sector also saw steady growth at 11.2%.
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