Nominal GDP, or GDP at current prices, in Q3 of FY 2025–26 is estimated at ₹90.91 lakh crore, as against ₹83.46 lakh crore in the corresponding quarter of FY 2024–25, reflecting a growth rate of 8.9%.
According to the report, high-frequency indicators point to resilient economic activity during Q3 FY26.
Receding inflation pressures across economies, though still above targets in some advanced nations, have opened space for more accommodative monetary policies in the coming months, the Governor noted.
The Prime Minister vowed to continue to advance reforms and strengthen Ease of Living for every citizen.
India is expected to weather Trump's tariff turbulence with diversified exports and will remain the fastest-growing economy among the G-20 nations over the next two years.
The Real GDP in Q1 of FY 2025-26 is estimated at Rs 47.89 lakh crore, against Rs 44.42 lakh crore in Q1 of FY 2024-25.
The Economic Survey tabled by Union Finance Minister Nirmala Sitharaman on Friday showcased key developments in the Indian economic landscape, from growth numbers to banking sector performances. It highlighted that India’s economy is projected to expand between 6.3 per cent and 6.8 per cent in the financial year 2025-26 (FY26).
Sitharaman termed Chidambaram "arithmetic inevitability" remarks as "misleading" and explained her rationale.
Citing the deteriorating global scenario, the World Bank on Thursday downgraded India's GDP forecast for the current fiscal to 6.5 per cent.
Besides, it has excluded the impact of the release of food subsidy arrears in FY2021, based on the clarification provided by the National Statistical Office (NSO).
