IBTimes

India's real GDP grew 7.8% in Q3 FY26, according to new series data with 2022-23 as the base year, while full-year growth is projected at 7.6%, up from 7.1% in FY25. The economy is estimated to reach Rs 322.58 lakh crore in FY26.

Chief Economic Advisor V. Anantha Nageswaran said India is on track to become the world's third-largest economy, with Q3 FY26 GDP at 7.8% and full-year growth at 7.6%. He noted India's strong post-Covid growth and the AI ecosystem as drivers of sustained 7% real and 1011% nominal growth.

SEBI clarified that STT is automatically collected by brokers under the Finance Act, 2004, and it does not issue demand notices. SEBI warned investors about rising fraud involving fake Securities Transaction Tax (STT) notices and so-called account handling services promising risk-free profits.

The report from Union Bank of India said that gross value added growth for Q3 FY26 likely improved to 8 per cent from 6.5 per cent in Q3 FY25, though it may be marginally slower than the 8.1 per cent recorded in the second quarter.