The Indian economy is expected to grow by 7.4 per cent in the current fiscal, maintaining its status as the world’s fastest-growing major economy despite punitive US tariffs and geopolitical tensions. The First Advance Estimates released by the Ministry of Statistics and Programme Implementation indicate a GDP growth rate in 2025-26 of better than 7.3 per cent, which is higher than the RBI‘s and the government’s initial projections of 6.3-6.8 per cent. The economy had grown at 6.5 per cent in the previous fiscal.