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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\nA landslide in Nepal's Chameliya river near Bhattaad has blocked the river's flow, creating an artificial lake. [^3]\n\nAjay Sood, India's Principal Scientific Advisor, advocates for agile AI regulations that foster innovation. [^4]\n\nIndia is identified as the global diabetes capital. [^5]\n\nKrishna Rangasayee, CEO of SiMa AI, stated that India's push to build a globally competitive semiconductor industry could take decades to mature. [^6]\n\nThis growth rate of 7.8% represents the annualized expansion for the second quarter of 2026. [^7]\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. [^8]\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. [^9]\n\nWirana Shipping reported that Indian recyclers are increasingly prepared to bid at levels that could result in substantial losses based on current prices. [^10]\n\nBart Raj Poudel, Chief District Officer of Darchula district, Nepal, said that the river's flow is only partially blocked and water is still flowing from half the river, so there is no immediate danger. [^11]\n\nBhagat Singh Thekare Bohara, ward chairman of Api Himal rural municipality in Darchula district, Nepal, said that a large part of the mountain collapsed into the Chameliya river at Bhattaad. [^12]",
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