India’s economy grew by 7.8% during the October-December quarter of 2025-26, up from 7.4% a year ago, according to the new series of national accounts with 2022-23 as the base year.

The Ministry of Statistics and Programme Implementation on Friday (February 27, 2026) released the New Series of Annual and Quarterly National Accounts Estimates with the base year 2022–23. It replaces the previous series with 2011-12 as the base year.

According to the new series, the gross domestic product (GDP) is estimated to grow at 7.6% during the current fiscal, as against 7.4% in the advance estimates released by the Ministry in January.

Also, the growth rate for the July-September period of 2025-26 has been revised upwards to 8.4% from 8.2%. However, the growth rate for the first quarter has been revised downwards to 6.7% from 7.8%.