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India's economy grew around 7% in July-Sept 2025, driven by festive spending, tax cuts, and rising consumer demand.
India’s economy is projected to grow around 7% in the July-September quarter of FY26, fueled by strong festive and wedding spending, recent GST cuts, and rising consumer demand.
Data shows increased GST collections, UPI transactions, bank credit, and a 17% jump in auto sales.
While rural demand remains steady, urban consumption is recovering due to tax reductions, though weak wages and labor market challenges persist.
Global risks, including U.S. tariffs and a slowdown in services exports, remain concerns, but offshoring trends may provide support.
GDP figures for the quarter will be released on November 28.
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La economía de la India creció alrededor del 7% en julio-septiembre de 2025, impulsada por el gasto festivo, los recortes de impuestos y la creciente demanda de los consumidores.