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Wedding season boom set to drive Q3FY26 growth after festive spending spree
The Economic Times· 2025-11-07 00:00
A A weak labour market, low wages and 50% US tariffs on export sectors and MSMEs will remain a drag on the economy, which grew at a five-quarter high 7.8% in April-June.Economists anticipate growth of about 7% in the second quarter, helped by a spending surge that began September 22, when lower GST rates took effect. GDP numbers for July-September will be released on November 28. The economy grew 5.6% in the second quarter of FY25.Live EventsRosy October“Urban consumption, which had been on a weak footing ...