Posts

Showing posts with the label GFCE India

India’s GDP shows a resilient growth of 7.8% in Q1

Image
GFCE bounced back, registering 9.7% growth rate during Q1   The National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) report that the Quarterly Estimates of Gross Domestic Product (GDP) for the April-June Quarter (Q1) of Financial Year (FY) 2025-26 along with its Expenditure components both at Constant (2011-12) and Current Prices.    Quarterly Estimates of Gross Value Added (GVA) at Basic Prices for various economic sectors along with Year-on-Year percent changes, Expenditure components of GDP for Q1 of the FY 2023-24, 2024-25 and 2025-26.    According to the key takeaways of the MoSPI, 1: Real GDP has been estimated to grow by 7.8% in Q1 of FY 2025-26 over the growth rate of 6.5% during Q1 of FY 2024-25. 2: Nominal GDP has witnessed a growth rate of 8.8% in Q1 of FY 2025-26.    3: Agriculture and Allied Sector has observed the Real GVA growth rate of 3.7%, as compared to the growth rate of 1.5%...