New Delhi, Nov 28 || As economists and industry wait for the Q2 GDP numbers to be released by the National Statistical Office on Friday, reports say that the economy may outshine the 7 per cent forecast for the July-September period despite US tariffs and overall weak global cues.
In the April-June quarter (Q1 FY26), the GDP growth was a five-quarter high at 7.8 per cent, and experts expect another stellar performance by the Indian economy.
India’s macroeconomic outlook remains one of cautious optimism, underpinned by robust domestic demand and easing inflationary pressures.
Growth is being supported by strong investment activities, recovery in rural consumption, and buoyancy in services and manufacturing, according to a latest SBI report.
The GST 2.0 reforms are expected to boost private consumption and domestic demand.