India, Feb. 28 -- The Indian economy will grow by 7.6% in 2025-26, the second advanced estimates (SAE) , and the first data with a revised base year, showed, and it will also grow between 7 and 7.4% in 2026-27 (according to the chief economic advisor), faster than previously expected.
Both numbers highlight the resilience of the Indian economy amid significant global headwinds, with domestic consumption driving the growth engine.
The data released on Friday comes after a long-pending facelift. On Friday, the National Statistics Office (NSO) released numbers after shifting the base year from 2011-12 to 2022-23. The statistical exercise, following extensive statistical and economic brainstorming will make India's GDP numbers more in-sync ...
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