ICICI Bank predicts India’s Q2 GDP growth at 7.5% — What could challenge this upside?
ICICI Bank projects India’s economy to expand by 7.5% in Q2FY26 due to robust rural demand and growth in industrial and services sectors. However, concerns arise from a widening trade deficit, lower state spending, and a struggling tourism industry. The report said, government spending and private investment have boosted growth in the first half.