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flag India's economy grew around 7% in July-Sept 2025, driven by festive spending, tax cuts, and rising consumer demand.

flag 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. flag Data shows increased GST collections, UPI transactions, bank credit, and a 17% jump in auto sales. flag While rural demand remains steady, urban consumption is recovering due to tax reductions, though weak wages and labor market challenges persist. flag Global risks, including U.S. tariffs and a slowdown in services exports, remain concerns, but offshoring trends may provide support. flag GDP figures for the quarter will be released on November 28.

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