Industry Cheers 7.8% Q1 GDP Growth, Economists See India’s Momentum Holding

Uday Kotak sees GDP resilience, warns India not to lower guard

India's economy grew 7.8 percent in the April-June quarter, showing resilience. Veteran banker Uday Kotak noted ongoing geopolitical and economic risks. Unresolved Middle East tensions and AI advancements pose challenges. US bond yields are also creating market volatility for India. Despite these concerns, India has built foreign currency deposits for protection.

India’s 7.8% Growth Rate: Big Economic Achievement or Growth for the Few?

<p>The strong 7.8% GDP growth has been described by government supporters as a major achievement for the Modi government, particularly amid global economic uncertainty, energy-security concerns and geopolitical tensions. Senior journalist Anant Vijay argued that India’s ability to maintain high growth despite these challenges represents a significant accomplishment and said the figures deserve to be celebrated. However, the Congress has challeng…

Industry cheers 7.8% Q1 GDP growth, economists see India’s momentum holding

India's first quarter GDP expansion reached 7.8 percent, exceeding market expectations. This growth reflects strong domestic economic activity and government reforms. Experts noted that sustained expansion requires higher private investment rates. Future growth depends on productivity, manufacturing, exports, and employment generation. Overall full-year growth outlook remains healthy despite expected moderation.

Industry leaders hail India's robust 7.8% Q1 GDP growth, call for sustained investment push

Industry leaders and economists have welcomed India's latest gross domestic product (GDP) numbers, terming the 7.8 per cent expansion in the first quarter (Q1) of the fiscal year (FY27) a reflection of resilient domestic activity, while highlighting the need for higher investment rates to sustain the growth momentum amid global uncertainties.

Q1 GDP resilience offers relief, but India must not lower guard: Uday Kotak

New Delhi: India’s stronger-than-expected 7.8 per cent GDP growth in the April-June quarter offers reason for optimism, but unresolved geopolitical tensions, the rapid progress of artificial intelligence and volatility in US bond yields mean the country cannot afford to lower its guard, veteran banker Uday Kotak said. Reacting to the Q1 FY27 GDP data in […] ChiniMandi

Indians powering robust growth, taking economy forward: FM Sitharaman (IANS Exclusive)

Asheville, Sep 1 (SocialNews.XYZ) India’s 7.8 per cent economic growth in the first quarter reflects the hard work of its people and the growing strength of its manufacturing and services sectors, Finance Minister Nirmala Sitharaman... The post Indians powering robust growth, taking economy forward: FM Sitharaman (IANS Exclusive) appeared first on Social News XYZ.