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PM Modi Hails India’s 7.8% GDP Growth, Says It Offers Fresh Hope to World

  • India is growing at a 7.8% rate despite global conflict and uncertainty, boosting global confidence in the country.
  • The Unified Payments Interface has completed 10 years and now operates in 11 countries, and it is central to fintech discussions.
  • There is a call to expand UPI's global reach by connecting it with local systems to assist the Indian diaspora and reduce remittance transaction costs.
  • The fintech industry is urged to focus on developing cybersecurity solutions, ethical data protection standards, and creating a consumer protection index to support regulation and transparency.
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Mumbai: Prime Minister Narendra Modi today (08-09-2026) said that India's economy grew by 7.8 per cent in the April-June quarter despite a challenging global situation, which is a credit to the world. He said that the growth rate, despite ongoing conflicts, trade tensions and disruptions in energy and oil supply chains, is a source of new hope for the world. Addressing the third session of the Global Fintech Fest conference in Mumbai, he said th…

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Social News XYZ broke the news on Tuesday, September 8, 2026.
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