India's Q2 GDP Growth Estimated At 7.8 percent, Exceeds RBI Forecast: SBI Research
New Delhi, Nov. 12 -- India's economy is estimated to have grown 7.8 per cent in the July-September quarter of FY2026-27, matching the previous quarter's growth and exceeding the Reserve Bank of India's (RBI) projection of 7.2 per cent, according to SBI Research.
The estimate is based on an assessment of 54 high-frequency indicators across agriculture, industry and services.
Cement production, commercial vehicle sales, non-oil exports and port cargo showed stronger momentum towards the end of the quarter, while mining output, tractor sales and airport passenger traffic weakened.
Growth Indicators Show Mixed Performance
SBI Research expects real Gross Value Added (GVA) growth at 8-8.2 per cent in the second quarter, compared with 8.2 p...
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