New Delhi, Feb. 27 -- The country's Gross Domestic Product (GDP) growth for the third quarter of the current financial year (Q3 FY26) is likely to remain elevated at 8.3 per cent despite an adverse base effect, according to a report by Union Bank of India.

The report noted that Q3 FY26 GDP growth likely remained elevated at 8.3 per cent, propelled by growth following the GST rate cut, even as it faced an unfavourable base effect.

It stated "GDP data for Q3 FY26, due on 27th February, likely clocked 8.3%, sharply higher from the same period previous year (Q3 FY25: 6.4 per cent)".

The Gross Value Added (GVA) growth for Q3 FY26 is likely to have improved to 8.0 per cent from 6.5 per cent in Q3 FY25, though it may be marginally slower than...