New Delhi, Feb. 24 -- The Indian economy is likely to have expanded 8.0-8.1% in the December quarter as high-frequency indicators suggest resilient economic activity, marked by strong rural consumption and consistent uptick in urban consumption, State Bank of India (SBI) said on Tuesday.

Despite global headwinds, the Indian economy has maintained strong growth momentum, SBI said in a research report, adding that the economy is expected to grow at 7.7-7.8% in the full fiscal year, faster than the 7.4% projected in the first advance estimate released by the statistics ministry on 7 January.

However, given the significant methodological changes expected in GDP computation when the government releases the second advance estimate for FY26 wi...