GDP likely expanded 7.35% in Q3: FE Poll

India's economy is projected to have expanded by 7.35% in the third quarter of fiscal year 2026, according to a recent poll conducted by Financial Express. This marks a slowdown from the 8.2% growth recorded in the second quarter. The shift in growth rate is attributed to a high base effect and other moderating factors that have influenced economic activities during this period. Economists participating in the poll highlight that the high base effect stems from the robust recovery seen in the previous year, which has made year-on-year comparisons less indicative of current economic momentum. Additionally, softer domestic demand and external economic challenges have contributed to the tempered growth rate. The global economic environment, marked by fluctuating trade conditions and geopolitical uncertainties, also plays a role in shaping India's growth trajectory. Despite the deceleration, the 7.35% growth rate remains a strong indicator of the country's economic resilience. India continues to benefit from government initiatives aimed at boosting infrastructure and manufacturing sectors, which are pivotal for long-term sustainable growth. Analysts remain optimistic about the future, suggesting that strategic policy measures and reforms could help maintain a steady growth path in the upcoming quarters.

— Authored by Next24 Live