<h1>Real GDP jumps 7.8% in Q1 FY2025-26 on strong private consumption, government spending and export momentum</h1> Real GDP rose 7.8% in April-June FY2025-26, a five-quarter high, driven by stronger domestic private consumption, higher government consumption expenditure and supportive exports (6.3%). Nominal GDP growth slowed to 8.8% as inflation eased; gross value added increased to 7.6% from 6.8%. Services led supply-side gains while agriculture softened and industry showed mixed performance. Analysts attribute private consumption to healthy rural demand and rising wages. A private-sector chair emphasized continued investment plans. Downside risks include newly imposed foreign tariffs that could impair key export sectors.