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India's economy to grow at 6.6% in Q1 FY26: Survey
India's economy is set to grow at 6.6% in the first quarter of FY26—a step down from last quarter's 7.4%, says a Moneycontrol survey.
The dip is mostly because global trade has been rocky and an early monsoon disrupted mining.
Government spending and steady rural demand are keeping things afloat
Even with these bumps, government spending and steady rural demand are keeping things afloat.
Some experts, such as CareEdge's Sinha, expect full-year growth at 6.4% for FY26, while the poll median is 6.3%, thanks to recent interest rate cuts, good farm output, and helpful monsoons.
The government is also planning GST cuts on a wide range of items, including many in the 12 and 28% tax slabs, to make things more affordable and another rate cut by March 2026—hoping to give everyone's wallets a bit of relief.