India's economy grows 7.8% in Q2, beating central bank forecast amid global pressures
India's gross domestic product expanded 7.8% year-over-year in the April-to-June quarter, matching Q1's growth rate and exceeding the Reserve Bank of India's 7% forecast. The resilience reflects steady performance across India's economy despite elevated global fuel prices stemming from Middle East conflict. The figure positions India among the world's fastest-growing major economies heading into the second half of 2026.
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โ Verified
- โIndia's GDP grew 7.8% year-over-year in April-June 2026. (Source: 47+ US Mainstream Media Articles; Reserve Bank of India official data)
- โGrowth rate matched Q1 2026 performance. (Source: 47+ US Mainstream Media Articles)
- โFigure exceeded RBI's 7% forecast. (Source: 47+ US Mainstream Media Articles; RBI official guidance)
~ Interpretation
- ~India's economy remained resilient despite international pressures including higher fuel prices from Middle East conflict. (Source: CNA report framing)
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