India's Economy on Fire! GDP Growth Set to Soar Past 6.5% – What's Driving This Bull Run?

Overview

India's GDP is projected to grow by 6.8% this fiscal year, exceeding last year's 6.5% expansion, according to the Reserve Bank of India (RBI). S&P Global Ratings forecasts 6.5% growth for the current fiscal and 6.7% for the next. Strong consumption, fueled by tax cuts, GST reductions, and monetary policy easing, is expected to drive this robust growth, despite potential impacts from US tariffs.