PM Modi Hails 7.8% GDP Growth Amid Global Economic Headwinds
· India · Times of India, telegraphindia, LiveMint
Prime Minister Narendra Modi celebrated India's 7.8% GDP growth for the April-June quarter of 2026-27, describing the figure as a sign of strong national confidence. The growth rate exceeded the Reserve Bank of India’s 7% forecast, maintaining India's status as the world’s fastest-growing major economy. While the expansion was slower than the 8.6% recorded in the previous quarter, it surpassed the 6.9% growth seen in the same period last year. PM Modi attributed this performance to the collective resolve of citizens, while criticising those who spread what he called "jhooth ki goonj" or echoes of falsehoods regarding the economy. He emphasized that achieving self-reliance, or Atmanirbhar Bharat, remains essential to maintaining this economic momentum.
Why it matters
The GDP data confirms India's economic resilience despite global supply chain disruptions and ongoing geopolitical conflicts, directly impacting market sentiment and policy planning.
Read the original report — Times of India
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