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Despite tariffs, India's Q2 FY26 GDP growth likely at 7.5%, higher than last year: Union Bank Report

India's economy is set for strong growth in the second quarter of the current financial year. GDP is expected to rise 7.5 percent, a significant jump from last year. Private sector activity remains robust, indicating underlying economic strength. While some moderation is anticipated later in the year, GST rate cuts are expected to boost demand.