Economic growth is seen to have moderated sequentially in the second quarter of the fiscal but is estimated to have still grown at a robust 7% plus. Most analysts estimate GDP growth in the range of 7% to 7.5% in the July to September 2025 quarter, as against a stellar 7.8% expansion in the first quarter of the fiscal year.

Official estimates of national accounts for the second quarter of the fiscal year will be released by the government on November 28. Significantly, this will be one of the last sets of data released before the meeting of the Monetary Policy Committee of the Reserve Bank of India from December 3 to 5.

The Reserve Bank of India has estimated GDP growth in the second quarter at 7.5% and at 6.8% for the full fiscal 2025-26. It could possibly revise the FY26 growth estimat

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