India's GDP Growth Likely To Slip At 6.5% For September Quarter, Maintains 7% Estimate For FY25: ICRA
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ICRA projects India's real GDP growth for the September quarter to decline to 6.5% due to heavy rains and weaker corporate performance; maintains FY25 growth estimate at 7%; Q1 GDP growth was 6.7%; official Q2 data to be published on November 30, 2024; RBI estimates 7.2% growth for the fiscal; concerns about growth slowdown due to urban demand; positive trends in government spending and kharif sowing noted.
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https://www.news18.com/business/economy/indias-gdp-growth-september-quarter-fy25-icra-9126525.html
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