India's Q3 GDP Rises 7.8% in Revised Series

India's economy expanded by 7.8 percent in the October-to-December quarter of the 2025-26 financial year, according to new national accounts data released by the Ministry of Statistics and Programme Implementation on Friday. The figures, part of a revised series with 2022-23 as the base year, mark an increase from the 7.4 percent growth recorded in the same period a year earlier and reflect ongoing efforts to update economic measurements.

The ministry's release, which replaces the previous series based on 2011-12, estimates real gross domestic product growth at 7.6 percent for the full 2025-26 fiscal year ending March. This is an upward revision from the January advance estimates of 7.4 percent and surpasses the 7.1 percent growth in the prior year. In nominal terms, which account for inflation, GDP is projected to rise by 8.6 percent, reaching a value of 322.58 lakh crore rupees, compared with 299.89 lakh crore rupees in 2024-25.

Quarterly data under the new series shows varied performance. Growth in the July-to-September period was revised upward to 8.4 percent from the earlier 8.2 percent estimate, while the April-to-June quarter was adjusted downward to 6.7 percent from 7.8...