India’s third quarter GDP grows at 7.8%; beats estimates after base reset

India’s GDP growth slows to 7.8% in Q3 FY26 from 8.4% in Q2 but beats poll estimates after a base year reset to 2022–23. The government raises FY26 growth to 7.6%. Services and manufacturing drive momentum, while methodological changes — including double deflation — aim to sharpen accuracy. Officials say the overhaul reflects a digital, post-pandemic economy.