India Reports Elevated Growth And Low Inflation

On Thursday in the Rajya Sabha, Finance Minister Nirmala Sitharaman said India is witnessing elevated growth and low inflation, citing sustained reforms and budget measures for 2026-27. She noted GDP growth of 7.4% in the current fiscal, retail inflation easing to 1.7%, and a taxpayer base of 121.3 million, while proposing a services-sector panel to expand AI, cloud, and exports.