Whoa! India’s GDP growth has burst out of the gate strong in the first half of FY26 (April-September 2025), hitting a sparkling 7.6% compared to last year’s 6.1%, according to a hot report from ICICI. The secret to this fiery rise? Robust manufacturing, buzzing services, and the government’s continued spending spree. ICICI spells it out clearly: “India's GDP growth in H1FY26 is now estimated at 7.6 per cent YoY compared with 6.1 per cent YoY in H1FY25.” While the first half sizzled, the second half might cool down to 6.4% growth, thanks to slower exports and a dip in government investments. But don’t fret! Consumption is expected to keep chugging along strong. Looking ahead, the report paints a confident picture with GDP growth projected at 7.0% for the whole FY26 and settling at 6.5% in FY27. For the July-September quarter, things stayed lively with an estimated 7.5% growth in real GDP and 7.3% in Gross Value Added (GVA). Manufacturing and services are the engines powering this growth, backed by early government spending and healthy goods exports. The report also highlights how the economy didn’t lose steam after the first quarter’s solid showing. Consumption, industry, and services all kept their momentum, with year-on-year growth staying positive. However, a GST rate cut introduced in Q2 caused a little hiccup—it temporarily slowed down consumption, pushing some consumer spending to the next quarter. This bounce back is clear in rising retail sales across many segments in Q3. ICICI adds a vital note about government finances: the Centre still has enough ‘fiscal room’ to keep spending going, especially if it can raise money through divestments and other means. Overall, India’s growth story looks strong, thanks to wide-ranging economic activity and a tough domestic demand, even with external challenges and slower government capital expenses. In short, the buzz is real: India’s economy is not just growing, it’s shining bright like a superstar in FY26!