as Investment and Manufacturing Strengthen

April-June GDP beat both the market consensus and the RBI's projection, but oil prices, global demand and the durability of private investment remain the tests for the rest of the year. NEW DELHI | 1 September 2026 | CurrentPulse News Desk India's economy expanded 7.8% year on year in the April-June quarter of FY2026-27, a result that put growth above the median economist forecast of about 7.1% and above the Reserve Bank of India's 7.0% projection for the quarter. The reading was slower than the previous quarter's pace, but it reinforced India's position as one of the fastest-growing major economies at a time when global markets are confronting expensive energy, high bond yields and geopolitical risk. The growth composition mattered as much as the headline number. Gross value added rose about 8.2%, while manufacturing grew around 9.2%. Financial, real-estate and professional services exp