New Delhi, Oct. 6 -- Amid geopolitical uncertainties, rising energy prices and inflationary pressures, global economic growth is expected to slow down. Against this backdrop, India has demonstrated remarkable resilience, recording 7.8% growth in the first quarter of 2026-27. The government's deft handling of the West Asia crisis, coupled with robust consumption, growing capital expenditure and economic reforms, has helped India maintain a strong momentum.

Goods and services tax (GST) reforms: GST rate rationalization and procedural simplification in September 2025 represent a major reform, in addition to others that have strengthened demand. Sales of listed fast-moving consumer goods companies grew 10.2% between October 2025 and June 202...