India’s Economic Growth Slows to 6.3% in FY2024-25 Amid Weak Investment and Potential Tariffs, RBI Expected to Cut Rates

India’s economic growth is forecasted to decelerate to 6.3 percent in FY2024-25, primarily attributed to sluggish private investment and the looming threat of US tariffs, even though it mirrors the growth rate from the previous year. Analysts emphasize underlying structural challenges such as job generation and stagnant capital spending. The Reserve Bank of India (RBI) is anticipated to slash interest rates to bolster the economy in the face of apprehensions regarding business confidence and rising inflation levels.

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