India's Economy Soars with 8.2% Q2 GDP Growth; Major Labour Reforms Implemented

November 30, 2025

India's economy demonstrated robust performance, recording an impressive 8.2% GDP growth in the second quarter of FY26, solidifying its position as the world's fastest-growing major economy. This strong showing has led to upward revisions of economic forecasts by both government advisors and rating agencies. Alongside economic milestones, the government implemented four new Labour Codes, modernizing existing laws to enhance worker welfare and social security. However, the nation faces challenges, particularly a significant decline in exports to the US due to aggressive tariff hikes.