India’s economy grew by 7.4% in the January–March quarter, exceeding market expectations of 6.7-6.8%. The data, released by the National Statistics Office, also placed full-year GDP growth at 6.5%—the slowest pace in four years, but higher than expectations of 6.3-6.4%.The January–March performance signals stronger economic activity in the closing months of the fiscal year. Real GDP during the quarter reached ₹51.35 trillion, up from ₹47.82 trillion in the same period of 2023–24. In nominal terms, the economy expanded by 10.8% in the quarter. For the full year, nominal GDP stood at ₹330.68 trillion, marking a 9.8% increase.
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