Mumbai/IBNS, Nov. 19 -- The State Bank of India (SBI) on Tuesday predicted the Indian economy will grow at 7.5% in the second quarter of the ongoing fiscal year, media reports said.

A research report by SBI said the growth will be steered by stronger investment activity, improvement in rural demand and effects of GST radicalisation.

Based on the estimated model, we obtain a nowcast of real GDP growth of 7.5% in Q2FY26 with possibility of an upside surprise.

It also notes that gross domestic GST collections for November 2025 could exceed Rs. 2 lakh crore (including IGST & import-cess) as a marker of stronger demand.

Published by HT Digital Content Services with permission from India Blooms....