| 21 Jan 2026 18:06 | | Advance estimates of GDP reflect resilience of Indian economy, demand conditions upbeat | | | Reserve Bank of India (RBI) has stated in its monthly update today that the first advance estimates of gross domestic product (GDP) for 2025-26 reflected the resilience of the Indian economy, driven by domestic factors - private final consumption expenditure (PFCE) and fixed investment - amidst a challenging external environment. A strong rebound in the manufacturing sector and continued buoyancy in services is expected to boost growth in gross value added (GVA). High-frequency indicators for December suggest continued buoyancy in growth impulses. Demand conditions remained upbeat, underpinned by a resurgence in rural demand and a gradual recovery in urban demand. On the demand side, PFCE and fixed investment were the key growth drivers. On the supply side, a strong rebound in the manufacturing sector and continued buoyancy in services boosted GVA growth. High-frequency indicators for December suggest a continued buoyancy in growth impulses. Demand conditions remained upbeat, underpinned by a resurgence in rural demand and a gradual recovery in urban demand. | | Powered by Capital Market - Live News |
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