India’s Economic Growth Expected to Slow to 6.3% in FY2024-25 Amid Tariff Concerns and Structural Issues

India’s economic growth is forecasted to decelerate to 6.3 percent in FY2024-25, attributed to sluggish private investment and possible US tariffs, despite keeping pace with the previous year’s growth. Analysts emphasize underlying problems such as job generation and stagnant capital spending. The Reserve Bank of India is anticipated to reduce interest rates to bolster the economy in the face of worries regarding business confidence and rising inflation.

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