India's Q3 FY26 GDP Growth Projected at 8.3% Amid GST Rate Cuts, Report Says

India's GDP growth for the third quarter of FY26 is projected at 8.3%, supported by increased demand following GST rate cuts, according to a Union Bank of India report. Gross value added growth is expected to rise to 8% from 6.5% in Q3 FY25 but may slightly lag behind Q2's 8.1%. Nominal GDP growth is estimated to slow to 8.5% due to easing inflation. Estimates use the old base year pending clarity on the upcoming GDP base revision by the Ministry of Statistics and Programme Implementation.