New Delhi, Nov. 27 -- India's macroeconomic outlook remains firmly positive, with easing inflation, strengthening domestic demand and improving policy transmission placing the economy on a stable growth path, noted the Monthly Economic Review for October released on Thursday, by the Department of Economic Affairs, Ministry of Finance.

The report notes that the rationalisation of GST rates has begun to feed into the economy, pushing consumption indicators into expansion mode and supporting both urban and rural demand.

"E-way bill generation expanded by 14.4 per cent during September and October 2025 on a year-on-year basis. At the same time, cumulative GST collection growth of 9.0 per cent for Apr-Oct 2025 indicates that the underlying r...