India's Q3 Growth at 8.2% Outpaces Global 3.2%

India's Q3 GDP growth of 8.2% surpasses global 3.2%, with the government focusing on fiscal consolidation and low unemployment.

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India's Q3 Growth at 8.2% Outpaces Global 3.2%

India's Q3 Growth at 8.2% Outpaces Global 3.2%
India’s Q3 GDP growth reached 8.2%, far outpacing the global growth rate of 3.2%. Finance Minister Nirmala Sitharaman highlighted fiscal consolidation measures and supplementary grants of ₹41,455 crore as key contributors. The country’s unemployment rate fell to 4.7% in November, the lowest since April, while the MGNREGA demand showed seasonal dip. However, HSBC’s Composite PMI slipped to 58.9, indicating the softest output growth since February 2025.
Tags:
  • economy
  • GDP growth