India's economy set for 7%+ growth, says Finance Ministry

Business Nov 27, 2025

India's economy is on track to grow between 7% and 7.5% in Q2 of FY26, according to the latest government report.
This solid growth comes from steady demand at home, manageable inflation, and supportive policies—even as global uncertainty keeps things interesting.

Trade twists and a strong safety net

While merchandise exports faced some bumps due to a surge in gold and silver imports (which widened the trade deficit), services exports hit record highs and provided a substantial buffer to the external account.
Plus, with $687 billion in foreign exchange reserves, India has a pretty sturdy cushion against global shocks.
The takeaway: the domestic economy is holding up well, even if the world outside is a bit unpredictable.