India's economic growth likely eased to 7.2% in the first quarter of 2026, according to a Reuters poll of economists, as weakening external demand and softer industrial activity offset strong government spending and resilient agricultural growth.
A series of external shocks, from higher U.S. tariffs on Indian goods to the U.S.-Israeli war with Iran that drove crude oil prices sharply higher, have failed to derail India's position as the world's fastest-growing major economy.