India's GDP growth revised upward to 7.6 percent for 2025-26 under new base year methodology. The Ministry of Statistics shifted the national accounts base year from 2011-12 to 2022-23, incorporating structural economic changes and updated data sources. Q2 and Q3 performance drove results with 8.4 percent and 7.8 percent growth respectively. The revision also raises 2026-27 estimates to 7-7.4 percent range, exceeding earlier projections of 6.8-7.2 percent. Economists view stronger GDP numbers positively for corporate earnings in cyclical sectors and domestic demand-oriented industries. Government finances benefit from improved real growth trajectory. The update addresses International Monetary Fund concerns about outdated statistical data and aligns India with global accounting standards.
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