New Delhi, Feb. 24 -- SBI Research has projected that India's real GDP growth for the third quarter of FY26 could exceed 8 per cent, with its nowcasting model estimating growth at 8.0-8.1 per cent year-on-year. As per the report, high-frequency indicators point to resilient economic activity during Q3 FY26.
The report highlights strong rural consumption, supported by positive trends in farm and non-farm sectors, alongside a sustained uptick in urban consumption following the festive season. Despite global headwinds, the Indian economy has maintained strong growth momentum.
As per the first advance estimate, GDP is estimated to grow at 7.4 per cent in FY26, with growth largely driven by domestic demand. As per the latest Economic Survey, I...