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News 2026-09-29 10:11 UTC

H1 digest: India's consumption engine powers on despite emerging headwinds

New Delhi, Sept. 29 -- Domestic private consumption picked up in the first half (H1) of fiscal year 2027, supported by credit growth, a lower goods and services tax (GST) burden and a robust rabi harvest, helping sustain discretionary spending in both urban and rural areas. While festive demand may…