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 government lowered its economic growth projection for the fiscal year to the weakest since the pandemic after consumers cut back on spending and public investment slowed.

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 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's GDP is projected to expand by 6.4% in the financial year 2024-25, a decline from the 8.2% growth recorded in FY24, according to government data released on Tuesday. The second quarter witnessed slower-than-anticipated growth at 5.

The slower expansion of Asia’s third largest economy comes in the wake of higher interest rates amid elevated inflation, especially of food commodities.

India saw a slump in its growth in the 2024-25 fiscal year (FY25), first advance estimates from the government showed. The preliminary data released on January 7 stated that the growth of the Indian economy weakened to 6.

India's Gross Domestic Product (GDP) is expected to grow by 6.4 per cent in the fiscal year 2024-25, representing a four-year low and a significant drop from the 8.2 per cent growth achieved in FY24,

GDP growth estimate of 6.4 per cent in the lowest in 4 years. India GDP Growth Rate FY 2025. The government sees the FY25 nominal GDP growth at 9.7 per cent vers