Quarter Beating

• India's economy grew by 7.8% in the first fiscal quarter, exceeding the 7% growth estimate previously projected by the central bank in August. • This expansion was primarily driven by strong performance across the financial, real estate, information technology, and professional services sectors. • The result signals robust economic momentum as the central bank maintains a growth target of 6.7% for the financial year ending March 2027.

• Singapore's economy grew by 5.7% in the second quarter, surpassing the 5.5% growth forecast by analysts. • While the expansion beat expectations, it represents a slowdown compared to the revised 6.3% growth recorded in the first quarter. • This advance GDP data provides a critical economic indicator as the nation's central bank prepares for its quarterly monetary policy decision later this month.