From a new base year to an old controversy, India’s revised GDP series is changing how its growth story is measured. India’s economy has produced a number that is difficult to ignore: real GDP grew 7.8% year-on-year in April–June 2026, according to the latest estimates released by the Ministry of Statistics and Programme Implementation (MoSPI). Nominal GDP grew by 10.3% during the same quarter. The result was considerably stronger than the roughly 7.1% growth expected by econ