India finance ministry nowcasts Q2 FY27 GDP growth at 7.35%
In short
India’s finance ministry estimates GDP growth of 7.35% for Q2 FY27, after 7.8% growth in the previous quarter.
This matters because it suggests the economy may still be growing strongly. The reporting says the estimate is based on industrial output, energy use, port traffic, GST collections and car sales, but the final GDP figure is not yet known.
What the reporting says
India’s finance ministry estimated Q2 FY27 GDP growth at 7.35%, according to a publisher-supplied summary of its nowcasting model. The estimate follows 7.8% growth in the previous quarter and is said to be supported by stronger industrial output, energy consumption, port traffic, GST collections and automobile sales. The immediate implication is a robust growth signal, but the forecast is not official GDP data.
Why it matters
India’s finance ministry estimated Q2 FY27 GDP growth at 7.35%, following 7.8% growth in the previous quarter, according to a publisher-supplied summary of its nowcasting model. The report says the estimate is supported by stronger industrial output, energy consumption, port traffic, GST collections and automobile sales. This points to a solid near-term growth picture, though the final GDP print and any revision are not stated.