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    "headline": "India's GDP Growth Hits 7.8% in Q2, Surprising Analysts",
    "dek": "India's economy expanded 7.8% in the second quarter, exceeding global expectations.",
    "prose": "India's economy grew by 7.8% in the three months through June 2026 compared to the same period last year. [^1]\n\nIndian ship recycling offers have climbed by as much as USD 30/LT LDT in three weeks due to intensifying competition for a limited number of end-of-life vessels. [^2]\n\nIndia is set to gain significantly from the global AI data centre expansion. [^3]\n\nMinister Kumaraswamy urged automobile and auto component makers to invest more boldly in cleaner, more efficient, and emerging technologies. [^4]\n\nIndia has officially approved a deal to acquire US-made shoulder-fired tank-destroyer missiles valued at approximately $30.5 million to enhance border security. [^5]\n\nLarge gold retailers in India have announced the launch of new cash-for-gold schemes to attract customers. [^6]\n\nAjay Sood, India's Principal Scientific Advisor, advocates for agile AI regulations that foster innovation. [^7]\n\nIndia is identified as the global diabetes capital. [^8]\n\nTravel vlogger Harry Jaggard stated on a Holafy podcast that Indian five-star hotels, including Mumbai's Taj Palace, offer a luxury experience comparable to Dubai and the UK. [^9]\n\nThis growth rate of 7.8% represents the annualized expansion for the second quarter of 2026. [^10]\n\nPrices offered by Indian recyclers have increased by approximately USD 30/LT LDT over the past three weeks, supported by an improving domestic steel market but increasingly driven by the shortage of vessels available for recycling. [^11]\n\nRakesh Khetan, CEO of Wirana Shipping, said that some high-standard recycling facilities are bidding very aggressively for the limited tonnage available, even when the economics suggest they could make a substantial loss at current steel prices. [^12]",
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