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India's Economy Buoyed by GST Reforms and Upbeat RBI Outlook

September 25, 2025

The Indian economy is showing strong resilience and is poised for a "virtuous cycle" of growth, largely driven by recent Goods and Services Tax (GST) reforms. The Reserve Bank of India (RBI) bulletin highlighted the positive impact of the new GST 2.0 regime on ease of doing business, lower retail prices, and strengthened consumption. While global uncertainties persist, India's domestic drivers, including robust Q1 growth and moderated current account deficit, are contributing to an optimistic outlook for the second half of FY26. Market activities saw mixed signals, with IPOs in the pharma and healthcare sectors gaining traction despite broader equity market declines.

Question 1 of 14

When did the new two-rate structure GST 2.0 come into effect in India?

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