India remains fastest-growing major economy despite global uncertainty: PM Modi on latest GDP numbers - BusinessLine

Key points

• Prime Minister Narendra Modi on Friday hailed India’s economic performance following the release of the latest GDP growth figures, saying the country remains the world’s fastest-growing major economy despite growing uncertainty in the global economy.
• Addressing a gathering in Daman, Modi said India recorded a 7.7 per cent growth rate in FY26, while the economy expanded by 7.8 per cent in the fourth quarter ending March 31, 2026, reflecting the strength of reforms, infrastructure development and welfare measures undertaken by his government.
• “In FY26, India has achieved a 7.7 per cent growth rate.
• In the last quarter, it was 7.8 per cent growth.
• This is the fastest-growing economy of the world.