India’s economic growth is forecasted to decelerate to 6.3 percent in FY2024-25, impacted by subdued private investment and possible US tariffs, despite maintaining the same pace as the previous year. Analysts point out underlying challenges such as insufficient job opportunities and stagnant capital spending. The Reserve Bank of India (RBI) is anticipated to reduce interest rates to bolster the economy amidst worries regarding business confidence and rising inflation levels.