India’s economy surpassed expectations with a 7.4% growth in the March quarter, boosting FY25 growth to 6.5%. Investment recovery and strong construction drove this expansion, despite concerns about tepid urban demand and global uncertainties. While marking a four-year low, India remains the fastest-growing economy, poised to become the fourth largest, with economists projecting continued growth around 6.5%.
RBI’s next interest rate cut action likely in December
Reserve Bank of India may keep interest rates steady in August. However, further reduction is expected later this year. This follows a larger-than-expected cut aimed
June 9, 2025