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Structural reforms critical to supporting India's Economic Development: IMF
BUSINESS ECONOMICS
|December 1 - 31, 2025
India’s GDP grew by 8.2% in the second quarter (July-September) of FY26, according to official data released on 28 November.
India’s recent economic performance
This is the highest growth in the last six quarters. In Q1 FY26, GDP increased by 7.8%, bringing growth in the first half of the fiscal year to 8%. The Q2 expansion exceeded expectations of several institutions, including the RBI, which had forecast 7% growth. The surge was driven largely by strong performances in the manufacturing and services sectors.
However, the data has attracted scrutiny. The Congress has raised questions, and the latest IMF country report has again assigned Indian statistics a “C” grade—just one step above the lowest rating.
This story is from the December 1 - 31, 2025 edition of BUSINESS ECONOMICS.
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