India’s GDP growth hits 7.8% in Q1 FY 2026–27, surpassing RBI forecast
India’s Gross Domestic Product (GDP) grew by 7.8% in the April–June quarter (Q1) of FY 2026–27, beating the Reserve Bank of India’s forecast of 7%.[1][13] The expansion was driven by robust performance in manufacturing, which rose by about 9.2%, and services, which expanded by around 10%.[1] This growth occurred despite economic challenges linked to developments in West Asia, suggesting resilience in domestic demand.[1] The government and the Prime Minister highlighted the figures as evidence of strong macroeconomic fundamentals.[1][13] The data will influence upcoming monetary policy deliberations at the RBI as it balances growth and inflation objectives. Higher growth may support fiscal consolidation while maintaining space for welfare and capital expenditure. Analysts will also track whether this momentum sustains through subsequent quarters amid global uncertainty.
Try the question
In Q1 of FY 2026–27, India’s GDP growth rate was approximately
Answer: (d) 7.8%
The correct answer is (d) 7.8%.