Recent Estimates project India's GDP growth at 7.2% for final quarter of FY26

Exam-focused facts from the 12 May 2026 current affairs briefing.

Key facts

India's Gross Domestic Product (GDP) growth is estimated to reach approximately 7.2% in the final quarter of FY26.
Domestic demand is driven by consumer spending on housing, travel, electronics, food services, vehicles, online shopping, and lifestyle products.
Government infrastructure spending is focused on highways, railways, airports, ports, renewable energy, and digital infrastructure.
The digital economy expansion includes Unified Payments Interface (UPI) payments, online banking, e-commerce platforms, digital education, app-based services, and online financial tools.
The banking system has improved in terms of loan recovery, asset quality, profitability, and capital strength.