Times of India · DistrictNews · 2026-08-31
Economy grew 7.8% in Q1 despite Iran crisis and El Nino conditions
India's economy recorded impressive growth of 7.8% during the April to June quarter, driven by a thriving manufacturing sector and a strong services industry. Domestic demand surged, bolstered by significant increases in investment and exports. Reflecting this positive trend, the government has upgraded growth projections for prior financial years, showcasing the economy's robust resilience in the face of global challenges. NEW DELHI: The Indian economy grew 7. NEW DELHI: The Indian economy grew 7. NEW DELHI: The Indian economy grew 7.8% during April-June quarter (Q1) of the current financial year as strong growth sustained in the manufacturing and services sector along with robust domestic demand, offsetting the anticipated adverse impact of the conflict in West Asia and El Nino conditions. Exports and investment also gained momentum during the quarter. Economy grew 7.8% in Q1 despite Iran crisis and El Nino conditions
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