India’s economic growth is forecasted to decelerate to 6.3 per cent in FY2024-25, attributed to sluggish private investment and the looming threat of US tariffs, even though it mirrors the growth rate from the previous year. Experts point out underlying structural challenges such as limited job opportunities and unchanging capital spending. The Reserve Bank of India (RBI) is anticipated to reduce interest rates in a bid to bolster the economy amidst worries surrounding business confidence and rising inflation.

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India’s economic growth to slow to 6.3% in FY2024-25, RBI expected to cut rates amid structural concerns.
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