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The Economic Times

Global Business / The Economic Times

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India's consumption stands its ground amid Gulf War tremors

West Asia War: India's economy began the new fiscal year with a powerful surge. Goods and Services Tax collections reached a record high in April. Passenger car sales also saw a substantial increase. Digital transactions through UPI experienced significant growth. These positive indicators suggest the economy is resilient, with no immediate impact from the West Asia war.

2 May 2026 5:30 am