Q4 GDP springs surprise as tax spike fuels India’s best quarter in FY25: SBI
India's economy experienced a surprising 7.4% growth in Q4 FY25, primarily fueled by a significant surge in net indirect tax collections. The State Bank of India projects continued strong performance, estimating GDP growth between 6.3% and 6.5% for FY26. This growth is underpinned by robust macroeconomic fundamentals, a healthy financial sector, and sustained focus on long-term development goals.