New Delhi: The Indian economy is expected to expand by nearly 7.5 percent in the second quarter of FY 26. The same can be achieved, supported by better rural consumption, strong investment activity, and GST impact, a research report by State Bank of India (SBI) has said. It added that the growth is expected to continue, supported by manufacturing and services, apart from structural reforms. The report said that GST rationalise played a key role in the strong festive mood. “Based on the estimated model, we obtain a nowcast of real GDP growth of ~7.5% in Q2FY26 with the possibility of an upside surprise,” the report added. It added, “In the continuum of the good numbers from festive-led sales, the percentage of leading indicators in consumption and demand across agriculture, industry, and services showing acceleration has increased to 83% in Q2 from 70% in Q1. Based on the estimated model, we obtain a nowcast of real GDP growth of about 7.5% in Q2FY26 with the possibility of an...
- Subhajit Dasgupta
- Updated on: Nov 18, 2025 | 08:35 PM