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India to Sustain Q1 Growth Despite Global Headwinds, Says FM Sitharaman
M
Moneycontrol•22-09-2026, 22:11
India to Sustain Q1 Growth Despite Global Headwinds, Says FM Sitharaman
- •Finance Minister Nirmala Sitharaman stated India can maintain its 7.8 percent Q1 FY27 growth despite global uncertainties.
- •India's real GDP grew 7.8 percent in April-June FY27, exceeding RBI estimates.
- •Sitharaman expressed confidence in the budget's provisions to handle unpredictable developments and sustain growth.
- •She met JPMorgan Chase Chairman Jamie Dimon, who noted investor optimism but also concerns about tax uncertainties.
- •Global investors, including pension funds and private equity, remain confident in India's economic prospects and stability.
Key Questions Answered
India's real gross domestic product (GDP) grew by 7.8 percent in the April-June quarter of FY27, exceeding the Reserve Bank of India's projections.
During a meeting in Mumbai, Jamie Dimon noted that while global investors remain optimistic about investing in India, certain tax uncertainties continue to be a concern.
Finance Minister Nirmala Sitharaman stated that the government made necessary financial provisions in the budget presented on February 1 to manage unpredictable and unforeseen global developments.
