Mumbai, Jan. 7 -- Indian economy is estimated to have continued its growth momentum this fiscal with the FY26 rate of expansion seen at 7.4%, according to latest date from Ministry of Statistics & Programme Implementation. This marks a sharp rebound compared with 6.5% in the previous fiscal year, First Advance Estimates of Gross Domestic Product (GDP) data released by the government noted. Nominal GDP is estimated to grow at 8.0% in FY 2025-26. Buoyant Growth in Services Sector has been found to be a major driver in the estimated Real GVA growth rate of 7.3% in FY 2025-26.

Financial, Real Estate & Professional Services and Public Administration, Defence & Other Services in the Tertiary Sector have also been estimated to attain a substant...