Will India's economic growth pick up pace? Nirmala Sitharaman answers
6 days, 17 hours ago

Will India's economic growth pick up pace? Nirmala Sitharaman answers

India Today  

Finance Minister Nirmala Sitharaman on Tuesday said that India’s economy will see healthy growth in the coming quarters despite the lower-than-expected GDP numbers for the second quarter. India’s GDP growth for the July-September quarter fell sharply to 5.4% from 6.7% in the previous quarter, marking an 18-month low, as per data released by the National Statistics Office in November. However, Sitharaman pointed out that India’s GDP growth has averaged 8.3% over the last three years, which she described as a remarkable achievement on a global scale. Sitharaman said, “India has been the fastest-growing major economy in the world, and the credit goes to the people of India and to the leadership.” She reiterated her confidence that the economy will bounce back soon, stating, “The second quarter growth dip is only a temporary blip; the economy will see healthy growth in coming quarters.” The Finance Minister made these remarks while replying to a debate in the Lok Sabha on the first batch of Supplementary Demands for Grants.

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History of this topic

Q2 growth ‘a temporary blip’, no generalised slowdown in factories, Finance Minister asserts
6 days ago

Q2 growth ‘a temporary blip’, no generalised slowdown in factories, Finance Minister asserts

The Hindu  

Finance Minister Nirmala Sitharaman on Tuesday dismissed concerns about a cyclical growth slowdown and a generalised downturn in India’s manufacturing sector, terming the disappointing 5.4% second quarter growth numbers as a ‘temporary blip’ caused by a multitude of factors, including the conduct of the general elections and the alignment of festival calendars this year compared to 2023-24. Responding to the …

Modi govt says Q2 GDP slowdown ‘a temporary blip’, growth figures will improve in next quarters
6 days, 4 hours ago

Modi govt says Q2 GDP slowdown ‘a temporary blip’, growth figures will improve in next quarters

Firstpost  

Acknowledging that the July-September quarterly economic growth was ‘slower than expected’, Union Finance Minister Nirmala Sitharaman said growth will pick up soon in the upcoming quarters Union Finance Minister Nirmala Sitharaman on Tuesday acknowledged that the economic growth was “slower than expected” in the July-September quarter. Government believes that the Q2 GDP growth slowdown is a temporary blip, and we …

India's Q2 GDP Dip a ‘Blip’, Growth Outlook Positive
6 days, 4 hours ago

India's Q2 GDP Dip a ‘Blip’, Growth Outlook Positive

Deccan Chronicle  

New Delhi: Union finance minister Nirmala Sitharaman on Tuesday said the lower-than-expected gross domestic product growth of 5.4 per cent in the second quarter was a ‘temporary blip’ and the economy will see healthy growth in the coming quarters. “India’s GDP growth rate has averaged 8.3 per cent in the last three years and it is an outstanding number by …

Lower Q2 GDP growth a temporary blip; economy to improve in coming quarters, says Nirmala Sitharaman
6 days, 6 hours ago

Lower Q2 GDP growth a temporary blip; economy to improve in coming quarters, says Nirmala Sitharaman

The Hindu  

Union Finance Minister Nirmala Sitharaman on Tuesday said the lower-than-expected GDP growth of 5.4% in the second quarter was a "temporary blip" and the economy will see healthy growth in the coming quarters. Replying to a debate in the Lok Sabha on the first batch of Supplementary Demands for Grants, she said India has seen "steady and sustained" growth and …

India’s Private Sector Hits 4-Month High in December: PMI Data
1 week ago

India’s Private Sector Hits 4-Month High in December: PMI Data

Deccan Chronicle  

New Delhi: Showing the resilience in India's economy with solid momentum, the India's private sector growth hit four-month high at the fastest pace in December, helping the economy on a positive note at the end of the year, underpinned by sturdier demand in both services and manufacturing along with a record jobs growth, a private survey showed on Monday. As …

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26
1 week, 3 days ago

India FY25 GDP: Fitch slashes India’s growth forecast to 6.4% from 7% for 2025-26

Live Mint  

India's growth forecast: US-based credit rating agency, Fitch Ratings on Friday revised India's GDP forecast to 6.4 per cent to 7 per cent for FY25. This cut comes after the Reserve Bank of India, in its recent monetary policy committee, revised India's growth forecast to 6.6 per cent from 7.2 per cent. In the July-September quarter of FY25, the Indian …

India can be a $9 trillion economy by 2030: Arvind Panagariya
1 week, 4 days ago

India can be a $9 trillion economy by 2030: Arvind Panagariya

Live Mint  

India is poised to surpass the position of the world's third-largest economy by 2030, with its gross domestic product expected to expand to $6.5-9 trillion, said Arvind Panagariya, the chairman of the 16th Finance Commission of India, on Thursday. Speaking at the Times Network India Economic Conclave 2024, Panagariya, former vice chairperson of NITI Aayog, said the Indian economy, despite …

India’s retail inflation eases to 5.48%, industrial production rises to 3-month high
1 week, 4 days ago

India’s retail inflation eases to 5.48%, industrial production rises to 3-month high

Firstpost  

These positive developments come as India grapples with a seven-quarter low in real GDP growth, which fell to 5.4 per cent in the July-September period, down from 6.7 per cent in the previous quarter In positive developments for the Indian economy, the country’s retail inflation cooled, while industrial production saw an uptick, according to recently released data. Food inflation eases …

Retail inflation slows slightly at 5.48%
1 week, 4 days ago

Retail inflation slows slightly at 5.48%

Hindustan Times  

Retail inflation rose to 5.48% last month, a slower pace of increase compared to 6.21% in October, data from the Ministry of Statistics and Programme Implementation showed on Thursday. Despite the slowing pace of growth in prices, the Consumer Price Index-based rate of retail inflation stayed above the Reserve Bank of India’s 4% tolerance level, with two percentage points of …

Corporate profit record high, salaries stagnant: Ficci report says mismatch impeding India’s GDP growth
1 week, 4 days ago

Corporate profit record high, salaries stagnant: Ficci report says mismatch impeding India’s GDP growth

Firstpost  

A recent survey by Ficci and Quess Corp Ltd has reported the private sector profit at a 15-year high but found the growth in salaries has been meagre or negative. The report talks about a record high profit by the private sector, with stagnation in salaries of the workers — one of the reasons for sluggish private consumption, a key …

Corporates in India see 4x profit but keep salaries stagnant: Report
1 week, 4 days ago

Corporates in India see 4x profit but keep salaries stagnant: Report

India Today  

Corporate profits have grown four times in the last four years, but real wages haven't grown, according to a report. This comes even as India's economic growth, measured in terms of GDP, dipped to 5.4% in the September quarter. A report in The Indian Express on Thursday highlighted how wages saw negative growth even as India Inc's profits grew. The …

Inflation likely eased to 5.5% in November: Mint poll
1 week, 5 days ago

Inflation likely eased to 5.5% in November: Mint poll

Live Mint  

India’s retail inflation is expected to have eased to 5.5% in November from 6.2% the previous month, driven by a seasonal decline in vegetable prices, according to a Mint poll of 16 economists. Even if inflation moderated in November, it would still have exceeded the Reserve Bank of India's medium-term target of 4% in all but two months since September …

ADB lowers growth projections for India to 6.5% in FY25, 7% in FY26
1 week, 5 days ago

ADB lowers growth projections for India to 6.5% in FY25, 7% in FY26

Deccan Chronicle  

The Asian Development Bank has lowered India’s GDP growth projections for FY25 to 6.5 per cent from 7 per cent estimated in September as well as the projection for FY26 to 7 per cent from 7.2 per cent predicted earlier owing to tighter prudential norms and lower than expected industrial growth in Q2. Inflation estimates for the current fiscal has …

Vivek Kaul: India’s GDP growth slump holds lessons in forecasting
1 week, 6 days ago

Vivek Kaul: India’s GDP growth slump holds lessons in forecasting

Live Mint  

India’s growth in gross domestic product, adjusted for inflation, for the period July to September slowed to a seven-quarter low of 5.4%. Or as Zahaan Bharmal writes in The Art of Physics: Eight Elegant Ideas to Make Sense of Everything: “Blithe predictions… cannot be made in a complex system where the impossibility of accurate prediction is inbuilt." Data from the …

Sitharaman Says Economic Activity To Likely Improve In Q3, Backed By Public Expenditure
2 weeks, 1 day ago

Sitharaman Says Economic Activity To Likely Improve In Q3, Backed By Public Expenditure

ABP News  

Finance Minister Nirmala Sitharaman on Friday said that the slowdown in GDP growth in the July-September quarter was not systemic. The minister said that economic activity in the third quarter is likely to improve backed by better public expenditure. Notably, the GDP growth rate stood at 5.4 per cent in the second quarter, hitting a 7-quarter low. In the first …

SBI forecasts GDP growth of 6.3%, lower than RBI's 6.6% estimate for FY25
2 weeks, 2 days ago

SBI forecasts GDP growth of 6.3%, lower than RBI's 6.6% estimate for FY25

Hindustan Times  

The State Bank of India has projected India's gross domestic product would grow at 6.3% during the ongoing fiscal year, lower than the Reserve Bank of India's estimate of 6.6%, revised from the earlier 7.2%. India's GDP grew at 5.4% in the July-September quarter of FY25, the lowest in seven quarters The SBI said, “We believe that GDP growth for …

Economists ask Finance Minister to focus on growth rather than fiscal consolidation
2 weeks, 2 days ago

Economists ask Finance Minister to focus on growth rather than fiscal consolidation

New Indian Express  

NEW DELHI: With the second quarter GDP growth falling to a 7-quarter low of 5.4%, economists have asked the government to shift its policy focus to growth rather than fiscal consolidation. In a pre-budget meeting with finance minister Nirmala Sitharaman on Friday, a delegation of economists suggested the government readdress the pace of fiscal consolidation and take measures to boost …

GDP Slowdown in Q2 Not Systemic: Nirmala Sitharaman
2 weeks, 3 days ago

GDP Slowdown in Q2 Not Systemic: Nirmala Sitharaman

Deccan Chronicle  

New Delhi: Union finance minister Nirmala Sitharaman on Friday said that the gross domestic product or GDP slowdown in the September quarter was not ‘systemic’ and the economic activity in the third quarter, with better public expenditure, is likely to compensate for the moderation. The minister’s statement comes after the Reserve Bank of India sharply slashed its growth projection to …

December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman
2 weeks, 3 days ago

December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman

Live Mint  

New Delhi: India’s economic growth decelerated in the September quarter because of the general election earlier in the year and not a systemic issue, finance minister Nirmala Sitharaman said on Friday, expressing confidence that growth in the December quarter would make up for the lost momentum. Speaking at the India Japan Forum 2024 in the capital, a closed-door meeting between …

RBI Monetary Policy: Inflation remains a concern; FY25 growth estimates trimmed-5 key highlights from RBI MPC outcome
2 weeks, 3 days ago

RBI Monetary Policy: Inflation remains a concern; FY25 growth estimates trimmed-5 key highlights from RBI MPC outcome

Live Mint  

RBI Monetary Policy: Highlighting sticky inflation and its impact on economic growth and consumers, Reserve Bank of India Governor Shaktikanta Das announced a status quo on the repo rate and policy stance on Friday, December 6. The Monetary Policy Committee of the central bank, by a majority of 4:2, decided to keep the repo rate at 6.50 per cent for …

RBI must restore balance between inflation, growth
2 weeks, 3 days ago

RBI must restore balance between inflation, growth

New Indian Express  

Despite the disappointing slump in economic growth, the RBI on Friday left the benchmark policy repo rate unchanged at 6.5 percent amid inflationary pressures. Maintaining a firm stance on inflation control, Governor Shaktikanta Das stressed that the central bank needed “more credible evidence” on the disinflationary process, which he said was getting prolonged and arduous. As Das rightly noted, there …

RBI must restore balance between inflation, growth
2 weeks, 3 days ago

RBI must restore balance between inflation, growth

New Indian Express  

Despite the disappointing slump in economic growth, the RBI on Friday left the benchmark policy repo rate unchanged at 6.5 percent amid inflationary pressures. Maintaining a firm stance on inflation control, Governor Shaktikanta Das stressed that the central bank needed “more credible evidence” on the disinflationary process, which he said was getting prolonged and arduous. As Das rightly noted, there …

RBI MPC Meeting: What does India’s Q2 GDP print mean for the monetary policy? Experts weigh in
2 weeks, 5 days ago

RBI MPC Meeting: What does India’s Q2 GDP print mean for the monetary policy? Experts weigh in

Live Mint  

RBI MPC Meeting: Reserve Bank of India Governor Shaktikanta Das will unveil the fifth monetary policy of the current financial year 2024-25 on Friday, December 6, after a three-day meeting which began today, December 4, 2024. India's Q2 GDP print, H2 outlook India’s Q2FY25 GDP growth was negatively surprised at 5.4 per cent YoY, with the deceleration led by moderation …

GDP to Grow 6.8 PC in FY25: OECD
2 weeks, 5 days ago

GDP to Grow 6.8 PC in FY25: OECD

Deccan Chronicle  

Chennai: The Organization for Economic Co-operation and Development has raised its forecast for India’s GDP growth to 6.8 per cent in FY25 from 6.6 per cent predicted in May. While strong investment, credit growth and better farm output support the GDP growth, export growth will remain weaker, it said. After clocking GDP growth of 8.2 per cent in the last …

India's Services Sector Growth Stays Strong, Defies Inflation
2 weeks, 5 days ago

India's Services Sector Growth Stays Strong, Defies Inflation

Deccan Chronicle  

New Delhi: The growth in India’s dominant services sector remained strong in November despite the inflationary pressure for over a decade. As per the survey by seasonally adjusted HSBC India Services Business Activity, the India’s services Purchasing Managers’ Index or PMI was down marginally to 58.4 from 58.5 in October as sales increased at a softer pace. Commenting on the …

India’s GDP growth shocker: Bad news can be good too
2 weeks, 5 days ago

India’s GDP growth shocker: Bad news can be good too

Live Mint  

India’s growth in gross domestic product of 5.4% in the three months ended 30 September, or the second quarter of 2024-25, was a shocker. It’s the lowest level seen since the third quarter of 2022-23 and a sharp drop from 8.1% growth in the same period last year and also from 6.7% in the first quarter of 2024-25. Given the …

RBI MPC meet: Growth needs a boost, but will inflation hold back rate cut?
Trending News
2 weeks, 5 days ago

RBI MPC meet: Growth needs a boost, but will inflation hold back rate cut?

India Today  

The Reserve Bank of India’s Monetary Policy Committee began its three-day meeting on Wednesday, setting the stage for a critical decision on the repo rate, which will be announced on December 6 at 10 AM. The meeting takes place amid growing calls from experts and leaders for a rate cut to support India’s slowing economic growth. Piyuh Goyal has even …

Monetary policy review: RBI should stick to its price stability mandate
2 weeks, 5 days ago

Monetary policy review: RBI should stick to its price stability mandate

Live Mint  

One of the lingering effects of covid—‘long covid’—is that economic growth has begun to look a bit like the Sensex, albeit in slow motion. So, last fiscal year’s growth looked rosy in large part because growth in 2022-23 had flagged since 2021-22, when it was 9.7% but on a covid-shrunken GDP base of 2020-21. As the US Fed and major …

RBI MPC to start today: Will there be a rate cut? 3 things to know
Trending News
2 weeks, 5 days ago

RBI MPC to start today: Will there be a rate cut? 3 things to know

India Today  

The Reserve Bank of India’s Monetary Policy Committee begins its three-day meeting today. The Reserve Bank of India has kept the repo rate steady at 6.5% for the last nine policy meetings, and it appears likely to maintain this position in the upcoming MPC announcement as well. The RBI may opt for easing liquidity by announcing a 50-basis-point CRR cut, …

Congress criticises PM with 'voodoo economics' jibe over slowing GDP growth
2 weeks, 6 days ago

Congress criticises PM with 'voodoo economics' jibe over slowing GDP growth

India Today  

Congress on Tuesday took a dig at the central government over the GDP growth slowing to a near two-year low and said that Prime Minister Narendra Modi's "voodoo economic policies" put India in the middle of a vicious economic cycle of low growth, no jobs, low income and high prices. "Thanks to Narendra Modi and his voodoo economic policies, India …

​A wake-up call: On the growth forecast
2 weeks, 6 days ago

​A wake-up call: On the growth forecast

The Hindu  

Even the most pessimistic economic forecasters did not anticipate the sharp downturn in economic momentum reflected in the Gross Domestic Product estimates for the July-September quarter. From a five-quarter low of 6.7% in the first quarter, most independent economists expected GDP growth of 6.5% in Q2, citing slackening urban demand indicators such as moderating GST revenue growth, and weak consumer …

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor
3 weeks ago

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor

Deccan Chronicle  

New Delhi: In line with the Economic Survey, India's chief economic advisor V Anantha Nageswaran on Monday said that the country's potential GDP growth is in the range of 6.5-7 percent and the country should be able to achieve it on the back of things that have already happened in the last 10 years whether it is in terms of …

India factory growth softened in Nov on high inflationary pressures
3 weeks ago

India factory growth softened in Nov on high inflationary pressures

Deccan Chronicle  

India's factory growth cooled in November yet maintained a strong pace, leading to significantly improved optimism despite demand easing a bit due to higher price pressures, a business survey found.Asia's third-largest economy expanded a lacklustre 5.4% in the July-September quarter, official data showed on Friday, led by tepid growth in manufacturing and consumption. The rate was much lower than the …

From RBI policy to pre-budget rally - experts highlight 3 near-term key triggers for Indian stock market
3 weeks ago

From RBI policy to pre-budget rally - experts highlight 3 near-term key triggers for Indian stock market

Live Mint  

Indian stock markets have been trading slightly higher after opening flat on Monday. Market experts suggest that the next three triggers to review immediately are the Reserve Bank of India's stance on interest rate cuts, better-than-expected Q3 earnings, and the upcoming pre-budget rally. Three triggers to review in the near-term RBI stance on interest rate cut All eyes are now …

India needs to grow at over 7% along with robust fiscal framework to meet Viksit Bharat target: EY India
3 weeks ago

India needs to grow at over 7% along with robust fiscal framework to meet Viksit Bharat target: EY India

Live Mint  

New Delhi, December 2 : A recent report by EY India says enhanced government spending is vital for India's Viksit Bharat vision. It says achieving developed economy status requires 7 per cent plus sustained GDP growth and a robust fiscal framework. This requires a significant increase in the government's total expenditure to 35 per cent of GDP from the current …

Q2 GDP slowdown: What it means for stock market investors
3 weeks ago

Q2 GDP slowdown: What it means for stock market investors

India Today  

India’s economy hit a speed bump in Q2 FY25, with GDP growth slowing to 5.4%—the weakest in seven quarters. For stock market investors already navigating weak corporate earnings and persistent foreign outflows, this slowdown adds to the challenges on Dalal Street. Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, "The Q2 GDP shocker of 5.4% will weigh on …

Mint Primer | Slowdown: Time to recalibrate India’s growth story in FY25?
3 weeks ago

Mint Primer | Slowdown: Time to recalibrate India’s growth story in FY25?

Live Mint  

Why did the Q2 GDP growth surprise? The rapid pace of growth the economy posted just last year suddenly looks distant. The outlook remains weak as the world heads into a potential trade war and slowing global economic growth. The nominal GDP growth in the first half of FY25 is just 8.9%. The economy must grow at over 12% in …

GDP numbers a cause for worry
3 weeks, 1 day ago

GDP numbers a cause for worry

Hindustan Times  

That the Indian economy would lose some momentum as the pent-up demand from the pandemic was exhausted was a given. The September quarter headline GDP growth of 5.4% was more than a percentage point lower than what private and the Reserve Bank of India forecasts expected. The Indian economy’s tepid growth performance is a result of weak animal spirits triggering …

‘Indian economy cannot progress as long as…’: Rahul Gandhi hits out at Centre
Trending News
3 weeks, 1 day ago

‘Indian economy cannot progress as long as…’: Rahul Gandhi hits out at Centre

Hindustan Times  

Leader of Opposition in the Lok Sabha, Rahul Gandhi on Sunday said that the India's Gross Domestic Product growth rate has fallen to its lowest in two years at 5.4 percent. Rahul Gandhi on Sunday said India's GDP growth has dropped to 5.4 percent, the lowest in two years. The thing is clear - the Indian economy cannot progress as …

At the root of slowdown: It’s politics, stupid
3 weeks, 1 day ago

At the root of slowdown: It’s politics, stupid

New Indian Express  

The murmurs and fears echoing in living rooms, bazaars and C-suites for weeks and months have come home to roost. On Friday, the ministry of statistics informed India that GDP growth in the July-September quarter, at 5.4 percent, has fallen from 8.1 percent in the same period last year—the slowest in nearly two years. The reality of a slowdown has …

RBI to keep repo rate unchanged at meeting next week, chances of rate cut in Feb increased: Report
Trending News
3 weeks, 2 days ago

RBI to keep repo rate unchanged at meeting next week, chances of rate cut in Feb increased: Report

Live Mint  

New Delhi, November 30 : The Reserve Bank of India is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. It said "We anticipate that the RBI will maintain the current policy rate at its meeting next week, although the likelihood of a rate cut in …

India’s chief economic adviser calls for deregulation to spur growth
3 weeks, 3 days ago

India’s chief economic adviser calls for deregulation to spur growth

Live Mint  

New Delhi: India’s chief economic adviser V. Anantha Nageswaran emphasised the need for several measures including deregulation and a focus on key structural reforms after the country’s economic growth slowed for a second consecutive quarter. Nageswaran attributed the slowdown in India’s GDP growth during the second quarter to a combination of global factors, including excess manufacturing capacity in other regions …

RBI’s GDP projections on test as India’s Q2 GDP growth falls short
3 weeks, 3 days ago

RBI’s GDP projections on test as India’s Q2 GDP growth falls short

Live Mint  

The Indian economy experienced a big jolt in the July-September quarter of 2024-25, with the real GDP growth rate slowing to 5.36%, the lowest in seven quarters, data released by the statistics ministry on Friday showed. A back-of-the-envelope calculation suggests GDP growth will have to average 8.3% in the second half of the year to align with the RBI’s full-year …

India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data
3 weeks, 3 days ago

India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data

Hindustan Times  

NEW DELHI: India’s growth of gross domestic product slowed to a seven-quarter low during July-September quarter of 2024-25, data released by the ministry of statistics and programme implementation showed. India remains the fastest-growing major economy as China’s GDP growth in the July-September quarter this year was 4.6%. The economy expanded 5.4% in the quarter ending September 2024 from a year …

India's Q2 GDP growth slows to 5.4 per cent, hits 18-month low
3 weeks, 3 days ago

India's Q2 GDP growth slows to 5.4 per cent, hits 18-month low

India TV News  

In a significant development, India's economic growth decelerated to 5.4% in the July-September quarter of the current fiscal year, marking its slowest pace in nearly two years. Despite the slowdown, India retained its position as the fastest-growing major economy, surpassing China's 4.6% GDP growth in the same quarter. Key sectoral insights According to data from the National Statistical Office, the …

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data
3 weeks, 3 days ago

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data

Hindustan Times  

India's Gross Domestic Product growth slowed down to 5.4% during the second quarter of the financial year 2024-25 due to the falling growth rate in manufacturing, consumption, and mining. India's GDP growth slows to 5.4% in Q2 2024-25, govt data shows In comparison, the GDP growth rate was 8.1% in the second quarter of 2023-24, according to government data released …

India Q2 GDP: Economy grows 5.4% in July-Sept, a 7-quarter low
3 weeks, 3 days ago

India Q2 GDP: Economy grows 5.4% in July-Sept, a 7-quarter low

Firstpost  

Government data released on Friday showed that India’s economic growth slowed down to 5.4 per cent in July-September 2024 compared to 8.1 per cent in year-ago quarter India's GDP for the second quarter of the fiscal year 2024 slowed down to 5.4 per cent. File image Government data released on Friday showed that India’s economic growth slowed down to 5.4 …

India’s GDP growth: The first half faltered, but economy seen rebounding in the second
Trending News
3 weeks, 3 days ago

India’s GDP growth: The first half faltered, but economy seen rebounding in the second

Live Mint  

Two consecutive quarters of disappointing economic growth have left economists pinning their hopes on a rebound in the second half of the fiscal year. Some economists, however, expect India’s FY25 GDP growth to be lower than the Reserve Bank of India’s 7.2% outlook because of the disappointing economic growth in the first two quarters of the fiscal year. “Government will …

Experts see GDP growth below 6.5% in second quarter
3 weeks, 3 days ago

Experts see GDP growth below 6.5% in second quarter

New Indian Express  

NEW DELHI: Ahead of the release of official GDP numbers for the second quarter of FY25, economic analysts present varied estimates ranging from 6.2% to 6.9%. The outlook reflects contrasting indicators from various sectors of the economy, highlighting both structural challenges and potential growth drivers. ICRA has projected GDP growth to dip to 6.5% in Q2 from 6.7% in Q1FY25. …

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