India Drives Growth With GST 2.0 Reforms

India's economy is gaining momentum ahead of Union Budget 2026, with Q1 FY2025–26 GDP expanding at the fastest pace in nearly two years driven by household consumption, a favourable monsoon, and robust government spending. The Reserve Bank raised its full-year growth forecast to 6.8% and cut the repo rate, while GST 2.0 (introduced September 2025) and expected budget measures aim to ease cash flow, boost exports, and increase R&D incentives.