FX.co ★ Indian GDP Grows More than Expected

India’s GDP grew by 7.8% year-on-year in the June quarter of 2026, maintaining the same pace as in the previous quarter and exceeding market expectations of 7.4%. The figures reinforced India’s position as the fastest-growing economy in the G20 and highlighted its resilience during a period of global economic turbulence, marked by the war in the Middle East, a surge in energy prices, downward pressure on the rupee, and RBI interventions in financial markets to stabilize assets.