New Delhi, March 2 -- Revised estimates of India's gross domestic product (GDP) released on Friday by the statistics ministry show a slightly smaller output pie than previously estimated, but testify to the Indian economy's resilience.

The new GDP series with 2022-23 as its base year pegs growth in 2025-26 at 7.6%, higher than 7.4% estimated under the old series with base year 2011-12. The slowdown of 2024-25 also turns out far milder, with GDP expansion slowing to 7.1% from 7.2% the year before, instead of 6.5% from 9.2%.

As for this fiscal year, growth in the third quarter ended December is now placed at 7.8%, a robust rate given how US tariffs began to kick in harder. Our growth impulses have been intact-and impressive.

The most hea...