India’s economy grew at the fastest pace in six quarters, underscoring its resilience even as US President Donald Trump’s steep tariffs cloud the outlook.

Gross domestic product rose 8.2% in the three months through September from a year earlier, the Statistics Ministry said Friday, beating all 38 estimates in a Bloomberg survey of economists and much faster than the 7.4% median forecast. The economy had expanded 7.8% in the April–June quarter.

In a post on X, Prime Minister Narendra Modi called the GDP number “very encouraging,” saying it reflects the impact of the government’s “pro-growth policies and reforms.”

India’s sovereign five-year bond yield rose as much as 8 basis points to 6.24% on Friday, as markets took the strong data as reducing the chances of an interest rate cut at nex

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