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Business
India's Economy Grows 7.3% in Q2, Finance Ministry Reports
✍️ psuwatch.com
🗓 02 Oct 2026, 07:46 AM
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The Finance Ministry has released a report indicating that India's GDP grew by 7.3% in the second quarter.
The Finance Ministry released a report on Thursday stating that the Indian economy grew at an annualised rate of 7.3% in the second quarter of the fiscal year.
The figure reflects a robust rebound after a slowdown in the first quarter, with consumption and investment cited as key drivers.
Analysts note that the growth rate is higher than the 6.8% recorded in the previous quarter and that the manufacturing and services sectors have shown resilience. The ministry will publish a detailed analysis in the coming weeks, including sectoral contributions and inflation trends, to guide policy decisions.
The figure reflects a robust rebound after a slowdown in the first quarter, with consumption and investment cited as key drivers.
Analysts note that the growth rate is higher than the 6.8% recorded in the previous quarter and that the manufacturing and services sectors have shown resilience. The ministry will publish a detailed analysis in the coming weeks, including sectoral contributions and inflation trends, to guide policy decisions.