Festive Demand, GST Cuts Push India’s Q2 Growth Toward 8%: SBI - BW Businessworld

India’s macroeconomic outlook remains firmly supported by resilient domestic demand, with SBI Research estimating real GDP growth of 7.5 to 8.0 per cent in Q2 FY26, driven by festive-led consumption, GST rationalisation and an economy-wide improvement across manufacturing, services, investment and rural activity. The research house said its nowcast model signals “a possibility of an upside surpris…