India's Economy Shows Robust Growth Amidst Global Headwinds, Government Prepares to Mitigate US Tariff Impact

September 01, 2025

India's economy demonstrated significant resilience in the first quarter of fiscal year 2025-26, recording a robust 7.8% GDP growth, defying earlier forecasts and reinforcing its position as the world's fastest-growing major economy. This broad-based growth comes even as the nation faces challenges from new US tariffs, prompting the Indian government to formulate strategies to protect its exporters and stimulate domestic demand. The Reserve Bank of India Governor also reiterated confidence in India's imminent rise to become the world's third-largest economy.