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EquityWireGDP growth shows high econ momentum, committed to sustaining it - Sitharaman

GDP growth shows high econ momentum, committed to sustaining it - Sitharaman

This story was originally published at 18:55 IST on 28 November 2025
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Informist, Friday, Nov. 28, 2025

 

--Sitharaman: Q2 GDP print of 8.2% shows robust India econ momentum 

--Sitharaman:GDP growth driven by fisc consolidation, public invest, reforms 

--Sitharaman:High-frequency data shows continued econ momentum, demand growth 

--Sitharaman: Committed to sustaining growth momentum, advancing reforms 

 

NEW DELHI – India's six-quarter high GDP print of 8.2% in the September quarter shows robust momentum of the Indian economy, Finance Minister Nirmala Sitharaman said after the data was released Friday. "With a Real GDP growth rate of 8.2% for Q2- FY 2025-26 (Jul-Sept), India is the world's fastest growing major economy," Sitharaman said in a post on micro-blogging site X, formerly called Twitter. 

 

This was the second consecutive quarter when the economy expanded more than expected, data released by the statistics ministry showed. The Indian economy had grown higher-than-expected in the June quarter as well at 7.8%. GDP growth was 5.6% in the year-ago quarter. 

 

Growth in the September quarter was one percentage point higher than the 7.2% projected by economists in an Informist poll. GDP growth in the quarter was 120 basis points higher than the Reserve Bank of India's forecast of 7.0%. No economist in the Informist poll had projected growth topping 8% in the September quarter. During Apr-Sept, India's GDP growth print was 8%.

 

According to the finance minister, the growth has been driven by sustained fiscal consolidation, targeted public investment, and various reforms that have strengthened productivity and improved the ease-of-doing business. The Indian government has adhered to fiscal prudence over the last few financial years while pressing the accelerator on capital expenditure. The government also announced a slew of reforms including the latest goods and services tax rate rationalisation to lower indirect tax burden on people, while boosting consumption in the economy. 

 

"Various high-frequency indicators also point to continued economic momentum and broad based consumption growth," Sitharaman said. "Hon'ble PM Shri Narendra Modi-led NDA (National Democratic Alliance) government is committed to sustaining this growth momentum and advancing reforms that support long-term economic growth."

 

At 9.2%, services sector led the GDP growth in the September quarter, driven by a nine-quarter high growth of 10.2% in 'financial, real estate, and professional services'. Industry growth rose to a five-quarter high of 7.7% in Jul-Sept from 6.3% in Apr-Jun. Agriculture sector growth was 3.5% in the September quarter, the slowest since Apr-Jun 2024. Growth in the gross value added rose to an eight-quarter high of 8.1% in the September quarter.


GDP growth was also supported by the statistical effect of low inflation with nominal GDP growth slowing to a four-quarter low of 8.7% in Jul-Sept from 8.8% in Apr-Jun. The Union Budget for 2025-26 (Apr-Mar), however, had assumed nominal GDP to be at 10.1% this fiscal.   End

 

Reported by Priyasmita Dutta

Edited by Akul Nishant Akhoury

 

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Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

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