FY25 GDP growth may slip to 4-yr low of 6.4%: NSO's first advance estimates
Growth in the Indian economy is estimated to slow to a four-year low of 6.4 per cent in FY25, falling short of the Reserve Bank of India’s (RBI’s) projection of 6.6 per cent, according to the First Advance Estimates of the National Statistics Office (NSO). The figures were released on Tuesday.
First advance estimates of FY25 GDP to be released at 4 pm on January 7
TV18, economists expect the real GDP to grow by 6.3% this year. This is slightly below earlier projections of 6.4% and lower than the Reserve Bank of India’s (RBI) estimate of 6.6%. In comparison, India’s real GDP grew by 8.
India’s GDP growth likely slowed to 6.4% in FY25 compared to 8.2% last year: Government estimates
India’s GDP growth is expected to slow to 6.4% in the fiscal year 2024-25, down from 8.2% in the previous year, as per NSO estimates. Real GDP and GVA growth rates are projected to decrease, while nominal measures see slight improvements.
India’s GDP Growth Forecasted To Drop to 6.4% In 2024-25, Hitting Four-Year Low
India’s GDP growth is set to slow to 6.4% in FY 2024-25. A dip in mining, manufacturing is offset by growth in agriculture and services.
India's Real GDP growth estimated to slow down to 6.4% in 2024-25
This is the slowest annual GDP growth rate since the pandemic, when it fell down to 5.8% during the financial year 2020-21.
Fiscal deficit on track despite lower GDP growth projection for FY25
The fiscal deficit for 2024-25 (FY25) may remain within the target, despite a lower-than-budgeted nominal gross domestic product (GDP) growth of 9.7 per cent, as indicated in the First Advance Estimates released on Tuesday by the National Statistics Office (NSO).
India’s GDP to grow 6.4% in 2024-25 against 8.2% last fiscal, shows first government estimate
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 forecasts 2024/25 economic growth of 6.4%, slowest in four years
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.
GDP growth to hit 4-yr-low of 6.4% in FY25: Govt estimate
India's GDP is projected to grow 6.4% in 2024-25, down from 8.2% in 2023-24, due to reduced investment, impacting fiscal and monetary policies ahead.
India GDP Growth Rate FY 2025: Lowest in 4 years! What first estimates show
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
GDP growth likely to slip to 4-year low of 6.4 pc in FY25: Govt data
India's economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data released on Tuesday.
ExplainSpeaking: What the latest GDP estimates tell about the state of India’s economy
At the current exchange rate of 85 rupees to a dollar, India’s GDP in FY25 will be $3.8 trillion. If India’s exchange rate ...
Economic slowdown ahead: Modi govt expects India's GDP growth to be slowest in four years
Four-year-low GDP growth rate of 6.4% in 2024-25 is expected mainly on account of poor showing by the manufacturing and ...
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India GDP Data 2025 LIVE: Advance estimates signal slowest growth since pandemic, with manufacturing most impacted
The official data for the first advance estimates of national income for 2024-25 will be released on Tuesday, January 7.
GDP growth seen at 4-year low of 6.4% on weak manufacturing, slow investment
The previous GDP data release on November 29, 2024, had shown GDP growth slipping to a seven-quarter low of 5.4 per cent in ...
Can nominal growth slip cast a shadow on fiscal deficit?
India’s nominal growth may dip to 9.7 percent in FY25, a tad higher than the previous year’s 9.6 percent but lower than the budget target of 10.5 percent ...