Strong macro show takes shape in Q2 before festive rush
- Posted on October 1, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
Generating AI summary…
Strong macro show takes shape in Q2 before festive rush
India's economy is experiencing significant growth, highlighted by a 14.7% increase in goods and services tax collections in September. Car sales surged by 21% year-on-year, indicating strong consumer demand during the festive season. Manufacturing activity is robust, contributing to a rise in the HSBC Purchasing Managers Index to a seven-month high.