5Photo© hindustantimes.comGDP growth in Q1 quickens to five-quarter high of 7.8%, buoyed by cross-sector strength
India’s economy grew at 7.8% in the first quarter of the financial year 2025-26, as per data released by the Ministry of Statistics and Programme Implementation (MoSPI) amid global headwinds, especially the 50% tariff from US President Donald Trump.
This is higher than the 6.5% growth recorded in the same quarter last year. The strong performance was led by the services sector, which supported the overall Gross Value Added (GVA) growth of 7.6% during the April to June quarter.
According to the National Statistics Office (NSO), Real GDP at constant prices in Q1 of FY26 is estimated at Rs 47.89 lakh crore. This compares with Rs 44.42 lakh crore in Q1 FY25, showing a growth of 7.8%. Nominal GDP at current prices stood at Rs 86.05 lakh crore, higher than Rs 79.08 lakh crore in the same quarter last year, recording an 8.8% rise.