Indian economy beats predictions amid global headwinds; FY26 growth outlook stable, says report

India's economy demonstrates resilience with a 7.4% GDP expansion in Q4 FY25, bringing the fiscal year's growth to 6.5%. Services and construction fueled this growth, while inflation eased to 3.2% in April. The government maintained its fiscal deficit at 4.8% of GDP, supported by strong corporate tax revenues and increased capital spending. The RBI reduced the repo rate to 5.

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