India, Aug. 29 -- In positive news for India amid the recent tariff imposition by the US, the Indian GDP grew by 7.8 per cent in first quarter of this financial year against an estimate of 6.5 percent, as per government data released on Friday.
The data released showed Nominal GDP has witnessed a growth rate of 8.8% in Q1 of FY 2025-26.
The Agriculture and Allied Sector has observed the Real GVA growth rate of 3.7%, as compared to the growth rate of 1.5% registered in Q1 of last financial year.
Mining & Quarrying (-3.1%) and Electricity, Gas, Water Supply and Other Utility Services Sector (0.5%) has seen moderated Real growth rate during Q1 of FY 2025-26.
Tertiary Sector (9.3%) has recorded substantial growth rate at Constant Prices i...
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