India's GDP grows 7.8% in the December quarter under a new base year

By Dhara Hariya ยท

What happened. On 27 February 2026 MoSPI released December-quarter GDP data and first advance estimates for FY26 on a revised 2022-23 base, reporting 7.8% growth for the quarter.

Why it matters for investors. Rebasing changes the level and composition of GDP and makes comparisons with older series less direct. Analysts noted that the new series needed time to be assessed.

Event date: 27 Feb 2026. Source: Ministry of Statistics and Programme Implementation (MoSPI).

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Market commentary: This is general market commentary and not a recommendation to buy, sell or hold any security. Investments in the securities market are subject to market risks; read all related documents carefully before investing.

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