New Delhi, Nov. 28 -- Beating estimates and surprising economists, India's Q2FY26 GDP growth surged to a six-quarter high of 8.2%, aided by strong manufacturing and consumption growth. In Q2FY25, India's GDP growth was 5.6% while in the first quarter of the current financial year (Q1FY26), it was a five-quarter high at 7.8%.
The Q2 GDP growth is significantly above the 7.2% growth forecast by 15 economists in a Mint poll and the Reserve Bank of India's latest projection of 7%.
Nominal GDP, economic expansion before adjusting for inflation, saw a growth rate of 8.7% during the quarter. Notably, nominal GDP growth had fallen to a three-quarter low of 8.8% in Q1FY26.
Experts highlighted that economic growth was broad-based on both GDP and...
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