At 6.7%, India Leads Global Economic Growth: A Look at Country-Wise GDP Performance
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India's Q1 FY25 GDP growth is 6.7%, the lowest in five quarters but the fastest among major economies; US grew 3%, UK 0.4%, Germany 0.3%, China 4.6%; Deepak Sood from ASSOCHAM notes strength in manufacturing despite weather impacts on agriculture; GVA growth at 6.8%, construction sector grew 10.5%; Ravi Singh cites high base effect and election restrictions for GDP slowdown; CPI inflation at 3.54%, lowest since August 2019; GDP growth estimates for FY25 range from 6.8% to 7% due to government spending and rural demand; Aditi Nayar expects growth above 7% in H2 FY2025.
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https://www.news18.com/business/economy/at-6-7-indias-gdp-growth-still-remains-fastest-in-the-world-9033972.html
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