India’s GDP growth seen to slow sharply to 6.4% in FY25 from 8.2% last year, first advance estimate shows

India’s Gross Domestic Product (GDP) is estimated to grow by 6.4% in FY 2024-25 as compared to the growth rate of 8.2% in FY24, showed government data on Tuesday.

The economy grew at a slower-than-expected rate of 5.4% in the second quarter, following a 6.7% expansion in the first quarter.

More to come.

Leave a Reply

Your email address will not be published. Required fields are marked *