India’s growth held up well in the middle of heightened global uncertainties last year, and now – with govt changing the base year for calculating GDP growth from 2011-12 to 2022-23 on Friday – the numbers are looking even better. GDP grew by 7.8% in Q3 FY26, following high growth of 8.4% in Q2. Moreover, GDP growth for the full year, per second advance estimates, has been revised upwards to 7.6%, from 7.4% in the first advance estimates.

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