Weekly Economic Outlook: November 24 - November 30, 2025
- Remin Francis I R
- 5 days ago
- 1 min read
In the last week, we saw the spotlight firmly on India’s strong economic performance. India’s economy grew by 8.2% in the September quarter, outperforming market expectations of 7.3% and accelerating from the previous quarter's 7.8% growth. This marks the sharpest annual growth since March 2024, reflecting resilience despite the 50% US tariff imposed in August. Key drivers include increased government spending and GST tax cuts, which boosted consumer spending to 7.9% growth, making up 57% of GDP. Manufacturing grew by 9.1%, while financial and real estate services surged 10.2%, and construction rose by 7.2%.
India’s foreign exchange reserves dropped slightly to 688.1 billion USD on November 21, down from 692.58 billion USD the previous week. Though this represents a small dip, reserves remain significantly above long-term averages, with a peak of 704.89 billion USD in September 2024.
India’s economy remains resilient with broad-based growth, supported by government policies and consumer confidence. Foreign exchange reserves remain strong despite the minor dip. Overall, the outlook is positive, and India continues to be a growth engine for investors.
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