New Delhi, Aug. 30 -- India's real GDP grew by 7.8% in Q1 FY26, reflecting strengthening momentum in the economy, anchored by strong macroeconomic fundamentals, sources in the Finance Ministry said on Friday, noting that the High Frequency Indicators had been green-signalling the potentially higher numbers.

The sources said that supply-side growth was driven by manufacturing, construction, and services, reflecting an all-round growth.

On the demand side, robust expansion in Private Final Consumption Expenditure (7.0%) and Gross Fixed Capital Formation (7.8%) underpinned performance, the sources said, adding that that Private Final Consumption Expenditure's (PFCE) share in GDP rose to 60.3%, the highest first-quarter level in 15 years. ...