• Source:JND
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The Indian economy grew by 7.8 per cent in Quarter 1 (April-June) of the financial year 2025-26, retaining its position as the fastest-growing economy in the world. The robust growth is recorded for Q1 before Trump's punitive tariffs of 50 per cent took in.

The Q1 GDP growth is the highest in five quarters. The Real GDP in Q1 of FY26 is estimated to be at Rs 47.89 lakh crore against Rs 44.42 lakh crore in Q1 of FY25.

According to the government data, the previous highest GDP growth was 8.4 per cent in January-March of 2024.

Meanwhile, the Nominal GDP or GDP at Current Prices in Q1 of FY 2025-26 is estimated at Rs 86.05 lakh crore, against Rs 79.08 lakh crore in Q1 of FY 2024-25, showing a growth rate of 8.8%.

According to data released by the National Statistical Office (NSO) on Friday, the agricultural sector's GDP grew nearly 2.5 times compared to the same quarter in the previous fiscal year in percentage terms.

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In the April-June Quarter of FY25. The agriculture sector grew 1.5 per cent in the April-June quarter in the FY25 against which, this year it grew 3.7 per cent. The manufacturing sector, on the other hand, grew slightly as compared to last year.

The NSO data has beaten the estimates as earlier this month, the Reserve Bank of India (RBI) had projected real GDP growth for 2025-26 at 6.5 per cent, with Q1 at 6.5 per cent, Q2 at 6.7 per cent, Q3 at 6.6 per cent, and Q4 at 6.3 per cent. 

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In terms of Gross Value Addition (GVA), the Real GVA in Q1 of FY 2025-26 has regietered a growth of 7.6 per cent at Rs 44.64 lakh crore, against Rs 41.47 lakh crore in Q1 of FY 2024-25.

Similarly, the Nominal GVA in Q1 of FY 2025-26 is estimated at Rs 78.25 lakh crore, against Rs 71.95 lakh crore in Q1 of FY 2024-25, showing a growth rate of 8.8%.

(With PTI Inputs)