India's GDP Growth Likely To Hit 4-Year Low At 6.4% In FY25, Says Govt Data: What It Means for The Economy
India's GDP growth for 2024-25 is projected at 6.4%, a four-year low, as per NSO data. Manufacturing growth slows to 5.3%, and services to 5.8%, while agriculture improves to 3.8%. Nominal GDP is estimated at Rs 324.
ExplainSpeaking: What the latest GDP estimates tell about the state of India’s economy
At the current exchange rate of 85 rupees to a dollar, India’s GDP in FY25 will be $3.8 trillion. If India’s exchange rate had not fallen from around 61 rupees to a dollar in 2014 then today, India could have boasted of becoming a $5 trillion economy ($5.
India’s GDP growth likely slowed to 6.4% in FY25 compared to 8.2% last year: Government estimates
India’s GDP growth is expected to slow to 6.4% in the fiscal year 2024-25, down from 8.2% in the previous year, as per NSO estimates. Real GDP and GVA
How Budget 2025 can propel India's economic growth to 7%, up from expected 6.3% in FY26
Prime Minister Narendra Modi's imminent full-fledged Budget has the potential to elevate India's economic growth to 7% in FY26 from the expected 6.3% in FY25, according to an SBI Mutual Fund report. The budget is anticipated to introduce fiscal and monetary policy changes to boost demand and address the nation's economic challenges.
India forecasts 2024/25 economic growth of 6.4%, slowest in four years
India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of government's initial projection, dragged by a weaker manufacturing sector and slower corporate investments.
India’s Economy Set for Weakest Growth Since the Pandemic
India’s government lowered its economic growth projection for the fiscal year to the weakest since the pandemic, with economists saying even that forecast may be too optimistic.
India’s GDP to grow 6.4% in 2024-25 against 8.2% last fiscal, shows first government estimate
The Indian economy, in real terms, is expected to grow by 6.4 per cent in 2024-25 as compared to the 8.2 per cent growth in 2023-24. It is 20 basis points less than RBI estimates. The Ministry of Statistics and Programme Implementation released the First Advance Estimates of Annual
India’s GDP Growth Forecasted To Drop to 6.4% In 2024-25, Hitting Four-Year Low
India’s GDP growth is set to slow to 6.4% in FY 2024-25. A dip in mining, manufacturing is offset by growth in agriculture and services.
India forecasts 2024/25 economic growth at 6.4% - government statement
India's economy is expected to grow 6.4% in the current fiscal year ending March, the National Statistics Office said on Tuesday, below the initial government projection of 6.5%-7%. India has released its first advance estimates of gross domestic product (GDP),
GDP growth to hit 4-yr-low of 6.4% in FY25: Govt estimate
India's GDP is projected to grow 6.4% in 2024-25, down from 8.2% in 2023-24, due to reduced investment, impacting fiscal and monetary policies ahead.
GDP growth likely to slip to 4-year low of 6.4 pc in FY25: Govt data
India's economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data released on Tuesday.
Budget 2025: A close look at India’s GDP growth rate before Sitharaman's key announcements in Lok Sabha
India's GDP growth has become a focal point in economic discussions as Budget 2025 approaches. Q2 FY25 saw GDP growth slow to ...
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India GDP Data 2025 Highlights: Advance estimates signal slowest growth since pandemic, with manufacturing most impacted
The official data for the first advance estimates of national income for 2024-25 will be released on Tuesday, January 7.
India to continue as fastest-growing major economy globally: Report
India will continue to stand out as the fastest-growing major economy globally in the coming years with growth momentum to improve in 2025 as government spending is picking up again and consumer ...
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India’s nominal GDP at 15 Quarter low
Mumbai: India’s nominal Gross domestic product (GDP) growth has slowed substantially hitting a 15-quarter low of 8 per cent ...
India's manufacturing, services sector in focus amid budget buzz
India's manufacturing and services sectors continue to grow strongly, reflected in the latest December PMI figures. Despite ...
Decoding India’s growth slowdown
India's GDP growth rate decline, official estimates questioned, and economic slowdown analysis by experts and academics.