New Delhi, Sept. 2 -- A strong growth in labour-intensive exports, fuelled by frontloading ahead of the implementation of the US's reciprocal tariffs, helped the Indian economy deliver a better performance in July. According to Mint's monthly macro tracker, which monitors 16 high-frequency indicators, six indicators were in green in July, compared to five the previous month.

The number of indicators in red was seven in July, down from eight in June. Three indicators were in the amber zone. For each indicator, the value in each month is assigned a colour coding (red, amber, and green) to denote where it lies relative to the five-year average (red denotes worse, amber denotes it is in line with the average range, and green denotes better)....