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Nirmala Sitharaman: India's 7.8 per cent growth in Q1FY27 remarkable against all odds

India posted a better than expected GDP growth of 7.8 per cent amid West Asia crisis, trade uncertainties and El Nino impact, beating Reserve Bank of India's estimate of 7 per cent

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Union Finance Minister Nirmala Sitharaman. File Picture.

Union Finance Minister Nirmala Sitharaman. File Picture.

Union Finance Minister Nirmala Sitharaman on Wednesday termed India’s 7.8 per cent GDP growth in the June quarter as “remarkable” and has said the country remains the fastest growing major economy in the world despite global uncertainties, according to news agency PTI.

India's GDP

Addressing investors in New York, she said that "despite global disruptions and against all odds, India continues to be the fastest-growing major economy in the world, recording a remarkable growth of 7.8 per cent in Q1 of FY 2026-27," the Finance Ministry said in a post on X.

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