{"id":46695,"date":"2026-08-31T11:13:45","date_gmt":"2026-08-31T11:13:45","guid":{"rendered":"https:\/\/financialrush.com\/?p=46695"},"modified":"2026-08-31T11:13:45","modified_gmt":"2026-08-31T11:13:45","slug":"indias-economy-expands-7-8-in-fiscal-first-quarter-beating-estimates","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=46695","title":{"rendered":"India\u2019s economy expands 7.8% in fiscal first quarter, beating estimates"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108356254\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Girls buy a rakhi from a roadside stall in Nagaon District, Assam, India, on August 26, 2026, ahead of Raksha Bandhan, a Hindu festival celebrating the bond between brothers and sisters. <\/p>\n<p>Nurphoto | Nurphoto | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>India&#8217;s economy <a href=\"https:\/\/www.mospi.gov.in\/uploads\/latestReleases\/latest_release_1788172583113_d65a77cf-240e-4491-82ee-59f78618fa41_Press_Note_on_GDP_Estimates_for_Q1_2026-27.pdf\" target=\"_blank\">grew by 7.8% <\/a>in the quarter ending June, mainly driven by strong performance in the financial, real estate, information technology and professional services sectors. <\/p>\n<p>According to a\u00a0<a href=\"https:\/\/www.reuters.com\/world\/india\/india-gdp-growth-likely-eased-january-march-quarter-softer-external-demand-2026-06-01\/\" target=\"_blank\">Reuters poll<\/a>, the economy was expected to grow by 7.1% in its fiscal first quarter, below the 7.8% recorded over the previous quarter.<\/p>\n<p><em>This is a developing story and will be updated shortly.<\/em><\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/08\/31\/india-economy-gdp-energy-el-nino.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Girls buy a rakhi from a roadside stall in Nagaon District, Assam, India, on August 26, 2026, ahead&hellip;\n","protected":false},"author":4,"featured_media":46696,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-46695","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/46695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46695"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/46695\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/46696"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}