India, Nov. 28 -- India grew faster than widely expected in July-September 2025 as a surge in consumption and manufacturing offset impact of US tariffs on the world's fourth largest economy.

India's GDP growth rate stood at 8.2% in Q2 FY26 as against 7.8% in Q1 FY26 and 5.4% in the year-ago period, according to government data released on Friday. Economists polled by Reuters had estimated the GDP print at 7.3%, while an SBI Research report pegged the figure at 7.5%. Bloomberg had estimated the figure at 7.4%.

Earlier, India's inflation rate slumped to a record low of 0.25% in October 2025, raising chances of a rate cut by the Reserve Bank of India in its next monetary-policy review in December.

Published by HT Digital Content Services ...