India’s Gross Domestic Product (GDP) for the second quarter of the current financial year grew at 8.2% as agai

In 2023, the IMF had said India’s GDP series with 2011-12 as the base year should be 'rebased as soon as feasible'.

The decision to release Q1 and Q2 estimates in the new series is intended to smooth the transition and provide a coherent framework for analysis.

India's economy surged with Q2 GDP growth hitting 8.2%, exceeding expectations and solidifying its position as the world's fastest-growing major economy. Meanwhile, India and the US are nearing a trade agreement,

India’s GDP surged to 8.2% in Q2 FY26, marking a six-quarter high driven by strong manufacturing at 9.1%, robust services growth, improved private consumption, and sustained government capital expenditure.

The Q2 GDP growth at 8.2% is significantly above the 7.2% growth forecast by 15 economists in a Mint poll and the Reserve Bank of India's latest projection of 7%.

India’s economic growth remained firmly on an upward trajectory in the July–September quarter (Q2) of FY25-26, with real gross domestic product (GDP) rising 8.2%, according to the latest estimates released by the national statistics office (NSO).

With an 8 per cent growth rate in the first half, India may exceed the annual growth target of 6.3-6.8 per cent for FY26 as projected in the Economic Survey in January this year. During the quarter, the manufacturing sector recorded a robust growth of 9.1 per cent compared to 2.2 per cent in the year-ago period.

India's stock benchmarks notched their third straight monthly gain on Friday driven by improving earnings, expectations of domestic and U.S. rate cuts and eased valuations, and ended near record highs ahead of the economic growth data.