India Ratings Forecasts GDP Growth to Moderate to 6.5% for FY25

India Ratings Forecasts GDP Growth to Moderate to 6.5% for FY25

Daily Current Affairs   /   India Ratings Forecasts GDP Growth to Moderate to 6.5% for FY25

Change Language English Hindi

Category : Business and economics Published on: February 26 2024

Share on facebook
  • India Ratings forecasts a moderation in GDP growth to 6.5% for FY25, slightly lower than the Reserve Bank of India's estimate of 7%, citing sustained government capital expenditure and healthy corporate performance as positive indicators for economic recovery.
  • The agency predicts headline retail inflation to be at 4.8% for FY25, 30 basis points higher than RBI's projection, with particular emphasis on a discrepancy in the third quarter where India Ratings forecasts 5.5%.
  • Private final consumption expenditure is expected to grow by 6.1% in FY25, up from 4.4% in FY24, but caution is expressed regarding a skewed consumption trend favoring upper-income households, indicating the need for broader-based consumption growth strategies.
Recent Post's
  • R. Praggnanandhaa wins UzChess Cup Masters 2025 and becomes top-ranked Indian chess player.

    Read More....
  • Meesho gets shareholder approval to raise ₹4,250 crore via IPO after shifting domicile to India.

    Read More....
  • IPS officer Parag Jain appointed new RAW chief; played key role in Operation Sindoor.

    Read More....
  • ICC updates powerplay rules for shortened T20 matches effective from July 2025.

    Read More....
  • Power Ministry forms task force to develop 'India Energy Stack' for digital power infrastructure.

    Read More....
  • MNRE issues revised guidelines for Biomass Programme to promote clean energy adoption.

    Read More....
  • CBSE to hold Class 10 board exams twice a year from 2026 session; first phase mandatory, second optional.

    Read More....
  • NATO agrees to increase defence spending target to 5% of GDP by 2035 at The Hague summit.

    Read More....
  • India and South Africa sign agreements on submarine cooperation during defence talks.

    Read More....
  • Odisha wins women’s title in first Hockey India Masters Cup; Tamil Nadu enters men’s final.

    Read More....