5 Articles
5 Articles
India’s GDP Grows by 6.5% in FY 2024-25, Down from 9.2% Last Year but Beats Estimated 6.3%
India’s economy grew by 6.5% in the financial year 2024-25, according to provisional data released by the Ministry of Statistics and Programme Implementation (MoSPI). Although this growth rate is lower than the 9.2% recorded last year, the economy showed strong momentum in the last quarter, growing at 7.4%. This was higher than many analysts expected. Overall Economic Growth The gross domestic product (GDP) measures the total value of goods and …
India’s FY25 economic growth hits four-year low of 6.5%, Q4 GDP beats estimates
India's economic growth slowed to 6.5% in FY25, a four-year low. Despite this, Q4 growth exceeded expectations. Key officials remain confident in India's growth potential. The IMF anticipates India's economy will surpass Japan's. The RBI cut the repo rate, and retail inflation dropped. A favorable monsoon is expected to stabilize food prices. The RBI projects 6.
India's GDP grew 6.5 percent in year to March 31: government
India’s economy grew by 6.5 percent in the year to March, official data showed on Friday, a drop from the previous fiscal year’s growth of more than nine percent. The annual figure, which was slightly above market expectations of 6.3 percent, was helped by a stronger January-March quarter that topped projections. “Real GDP has been estimated to grow by 6.5 percent in FY 2024-25,” the National Statistics office said in a statement.
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