Slowdown scare to ‘miracle economy’, India’s growth defies pessimists

The Indian economy is performing well. Recent growth figures have surpassed expectations. Despite concerns from economists and potential trade impacts from the US, India's GDP continues to rise. The nation's resilience is evident amid global uncertainty.

The Indian economy keeps surprising analysts on the upside. It grew at 7.4% in the Jan-March quarter, contradicting those who thought a slowdown was on its way. In the next quarter, April-June, India has grown even faster at 7.8%.
On being elected in Nov 2024, US president Donald Trump made clear his intention to hit all trade partners, including India, with high tariffs. The World Bank and IMF slashed their growth estimates for the world and for India. But, far from slowing in dismay, India has accelerated.