India’s GDP sprints to 8.2% in Q2, at 6-qtr high

The growth has been driven by sustained fiscal consolidation, targeted public investment, and various reforms - Nirmala Sitharaman, FM

The Indian economy is expected to cross $4 trn in the current fiscal, given the current rate of growth - V Anantha Nageswaran, Chief Economic Adviser

New Delhi: The Indian economy recorded a six-quarter high growth of 8.2 per cent in July-September, as factories churned out more products in anticipation of a consumption boost from the GST rate cut, according to government data.

The GDP growth in the second quarter was better than the 7.8 per cent of the preceding three months and 5.6 per cent in the year-ago period. Manufacturing, which makes up 14 per cent of the country’s Gross Domestic Product, rose by 9.1 per cent in Q2, up from 2.2 per cent in the same quarter last financial year. Jul-Sep quarter GDP growth shows strength of Indian economy, says FM.

Fiscal deficit hits 52.6% of FY26 target at Oct end

The central government’s fiscal deficit touched 52.6 per cent of the full-year target at the end of October, according to official data released on Friday. The fiscal deficit was 46.5 per cent of the Budget Estimates (BE) of 2024-25 in the first seven months of the previous financial year.

In absolute terms, the fiscal deficit, or gap between the government’s expenditure and revenue, was Rs8,25,144 crore in the April-October period of 2025-26. The Centre estimates the fiscal deficit during 2025-26 at 4.4 per cent of the GDP, or Rs15.69 lakh crore.