Finmin pegs Q2 expansion at 7.35%,flags capital pressure over US yield

India's economy is estimated to have grown 7.35% in the September quarter, driven by strong industrial output, GST collections, energy use, port traffic, and auto sales. This growth is a positive sign for the country's economic momentum, which is expected to be sustained by domestic demand and investment. However, the finance ministry has flagged several risks, including high crude prices, food inflation, rupee pressure, and elevated US bond yields, which could pose challenges in the second half of the year.

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India's economy is estimated to have grown 7. 35% in the September quarter, supported by strong industrial output.

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