India's strong fundamentals to support 7% growth despite global risks: FM Sitharaman

india
M
Moneycontrol•06/12/2025
India's strong fundamentals to support 7% growth despite global risks: FM Sitharaman
- •FM Nirmala Sitharaman predicts India's economy will grow at least 7% this year, citing strong fundamentals despite global risks.
- •Robust consumer spending, supported by low inflation and GST cuts, is expected to maintain economic resilience.
- •India's GDP grew 8.2% in Q2, exceeding forecasts, leading the RBI to raise its annual growth projection to 7.3%.
- •Global headwinds, including US tariffs, have prompted domestic economic reforms by the Modi administration.
- •Sitharaman highlighted increased investor confidence, seen in higher stock market participation and home-loan demand.
Why It Matters: India's strong economic growth despite global risks impacts your financial future.
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