India’s economic resilience holds despite soft patches; FY26 growth seen at 7.4%: BMI

India's economy is projected to grow at 7.4% in FY2025/26, with upside risks, as high-frequency indicators show strong expansion. Robust consumption, driven by policy support, and increased investment fueled a 9.2% year-on-year GDP growth in Q4 2025. Despite some cooling signals, underlying macroeconomic momentum remains intact.