Brief by Shorts91 Newsdesk / 07:45pm on 30 Aug 2025,Saturday India
India's economy delivered unexpected strength in Q1 FY2026, expanding 7.8% year-on-year in the April-June quarter, accelerating from 7.4% growth in the previous quarter. This upside surprise reinforces India's position as the world's fastest-growing major economy amid global economic uncertainties. The acceleration contradicts analyst expectations and demonstrates economic resilience despite challenges including inflation concerns and geopolitical tensions. The robust growth likely stems from strong domestic consumption, investment momentum, and favorable base effects. This performance provides the Reserve Bank of India with policy flexibility and strengthens the government's fiscal position. The data supports projections that India will soon become the world's third-largest economy, overtaking Japan and Germany in coming years. (PC: The Week & News Bytes)
