Economy may grow 7.3% in Q2: Finance ministry
The Indian Finance Ministry projects the economy to grow by 7.35% in the second quarter of the 2026-27 fiscal year. This growth is attributed to strong domestic demand, investment, and structural reforms despite global economic challenges.
Why it matters
Economic growth projections for India are critical indicators for global investors and regional stability in South Asia.
NEW DELHI: Amid a challenging global environment, the Indian economy is well positioned to sustain the growth momentum for the rest of the financial year 2026-27 and is expected to expand 7.35% during the July-Sept quarter on the back of strong domestic demand, investment and structural reforms, the finance ministry said in its monthly economic review Thursday.While RBI has projected 7.1% growth for the full financial year, most global agencies too estimate the Indian economy to expand 6.9-7.1% this year after the first quarter official estimates pegged the growth rate at 7.8%.
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