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Rural recovery, low base to fuel Q2 GDP

Mint New Delhi

|

November 26, 2025

Policy transmission, festival season inventory too aid growth

- Manjul Paul

India’s economic growth likely stayed strong at 7.2% in the July-September quarter, albeit down from 7.8% in the previous one, led by continued improvements in rural activity and the statistical effect of a low base and low inflation, according to 15 economists in a Mint poll.

The economists projected India’s gross domestic product (GDP) growth in the range of 7% to 7.7% in the September quarter. The official data is scheduled to be released on Friday.

The high projected growth number is likely due in part to a low base. GDP growth had slowed to 5.6% in the same period last year from 6.5% in the preceding quarter. The fact that retail inflation slowed to 1.7% in Q2 from 2.7% in QI, and wholesale inflation to 0.02% from 0.26%, will also boost the real GDP growth figure, which adjusts current prices for inflation.

FLERE HISTORIER FRA Mint New Delhi

Mint New Delhi

Mint New Delhi

1st privately built PSLV near lift-off

India's first privately built polar satellite launch vehicle (PSLV) is expected to have its maiden commercial flight before the end of the financial year, marking a giant leap in the country’s ambition to foster a private space economy.

time to read

3 mins

November 26, 2025

Mint New Delhi

Export sops for tariff-hit MSMEs by next week

The government plans to announce support measures under the Export Promotion Mission as early as next week for small businesses struggling to absorb 50% US tariffs, according to Union commerce minister Piyush Goyal.

time to read

2 mins

November 26, 2025

Mint New Delhi

Sovereign Al takes off as countries try to avoid overdependence on superpowers

As China and the U.S. race to dominate artificial intelligence, countries are increasingly wary of becoming overly dependent on the superpowers for a technology that could profoundly affect their economic competitiveness and national security.

time to read

4 mins

November 26, 2025

Mint New Delhi

Mint New Delhi

Sterling Biotech: Can SC ruling aid other fugitives?

The Supreme Court's decision to close all cases against the Sandesara brothers of Sterling Biotech Ltd, after they agreed to pay *5,100 crore, triggered a debate on whether other fugitives could use this ruling. Mint looks at whether Vijay Mallya and Nirav Modi can seek relief, too.

time to read

2 mins

November 26, 2025

Mint New Delhi

Rural recovery, low base to fuel Q2 GDP

Policy transmission, festival season inventory too aid growth

time to read

2 mins

November 26, 2025

Mint New Delhi

Mint New Delhi

No selloff, SAIL unit to get cash infusion

The Union steel ministry is preparing to infuse more than ₹400 crore into Salem Steel Plant, the stainless-steel unit of the Steel Authority of India Ltd (SAIL), marking a sharp policy turn from its earlier intent to privatize the loss-making mill, according to two senior ministry officials.

time to read

2 mins

November 26, 2025

Mint New Delhi

Mint New Delhi

KKR strengthens its play in Lighthouse

Private equity firm KKR has made a fresh round of investment in Lighthouse Learning, along with new investor PSP Investments.

time to read

1 mins

November 26, 2025

Mint New Delhi

India’s oil binge to end in Dec as sanctions bite Russia

US targeted top Russian producers Rosneft and Lukoil in recent round of sanctions. AP

time to read

1 mins

November 26, 2025

Mint New Delhi

Three public sector banks get new EDs

The government has appointed new executive directors (EDs) at Union Bank of India, Central Bank of India and Bank of India, according to regulatory disclosures on Tuesday.

time to read

1 min

November 26, 2025

Mint New Delhi

India requires a healthkeeper to secure its demographic dividend

Scaling up the use of tech to track health can provide a vital generation the preventive care it’ll need

time to read

3 mins

November 26, 2025

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