26-December-2024
Economy News
 
After Q2 GDP surprise, agencies downgrade India's FY25 growth forecast
02-Dec-2024

Agencies have sharply reduced their gross domestic product (GDP) growth forecasts for FY25, following the surprise seven-quarter low print of 5.4 per cent in July-September (Q2). Growth stood at 6 per cent during the first half (April-September) of FY25. While the Reserve Bank of India (RBI) has estimated it at 7.2 per cent for FY25, the finance ministry expects 6.5-7 per cent.

News Source:- https://www.business-standard.com/economy/news/after-q2-gdp-surprise-agencies-downgrade-india-s-fy25-growth-forecast-124120100468_1.html
 
 
 

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