It will not be an understatement to say the Indian economy's performance in 2023-24 has been a positive surprise. After clocking a growth rate of 7.2 percent in 2022-23, the world's fastest growing large economy was expected to slow down this year, with even the government and the Reserve Bank of India's (RBI) start-of-the-year forecasts of 6.5 percent seen as rather optimistic.