India’s economy grew at a rate of 7.8% in the June quarter, beating expectations. Manufacturing, services, and construction sectors performed well. However, nominal GDP slowed to 8.8% from the previous quarter. The U.S. imposed 50% tariffs on Indian imports, affecting sectors like textiles and seafood. Indian exporters are looking to other markets to offset the impact. The Reserve Bank of India cut rates in June and may do so again to boost growth. Reliance Industries partners with Google and Meta for AI initiatives. Indian ETFs like INCO, INDE, INQQ, and NFTY are worth watching amidst trade tensions and growth prospects.

Read more at Zacks Investment Research: Decent Growth Vs. Tariff Fears: What Lies Ahead of India ETFs? – August 29, 2025