India's growth to pick up in H2 FY25: ICRA
ICRA expects the slowdown in economic growth in Q2 FY25 to be transient
ICRA expects the slowdown in economic growth in Q2 FY25 to be transient
RBI says some high-frequency indicators have shown a slackening of momentum in Q2 FY25, partly due to unusually heavy rains in August and September
HSBC says some growth indicators are softening, though it may be rotation between sectors rather than a slowdown; core inflation remains low but food and fuel could fall
The global ratings agency says India’s growth will moderate in FY25 from a high base in fiscal 2023–24 but remains the fastest economy in the world
RBI Governor Shaktikanta Das says to transition from an emerging to an advanced economy by 2047, the economy needs a "multi-pronged and multi-sectoral approach"
The current account balance may register a deficit of around $8 billion in Q1 FY25 compared to $5.7 billion surplus in the previous quarter
The World Bank says India continues to grow at a “healthy pace” despite challenging global conditions, and India’s medium-term outlook remains “positive”
ICRA's Q1 GDP estimates are significantly lower than the RBI’s forecast of 7.1% real GDP growth in the first quarter of the fiscal year
India's GDP growth forecast has been revised, with carryover from upward revisions to growth in 2023 and improved prospects for private consumption, says the IMF