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Indian Economy: Growth Estimate Lowered to 6.4% From 8.2%

SBI Economists: India's Q1 FY25 GDP Growth to Slip to 7.1%

The National Statistical Office (NSO) projects India’s Gross Domestic Product (GDP) to grow by 6.4% in FY25, down from 8.2% in FY24. The estimate is also below the Reserve Bank of India’s forecast of 6.6%. Slower growth could impact market sentiment and industries reliant on economic expansion, such as infrastructure and consumption-driven sectors. Investors may monitor policy responses and sectoral performance closely.

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