Brief by Shorts91 Newsdesk / 12:15pm on 07 Jan 2025,Tuesday Business
India's GDP growth is expected to fall to 6.4% in FY25, the lowest in four years, according to the National Statistics Office's (NSO) first advance estimates. This marks a sharp slowdown from FY24's 8.2% growth. The projection is lower than the Reserve Bank of India's 6.6% forecast. Key sectors like agriculture and construction are expected to show growth, with agriculture forecast to rise by 3.8% and construction by 8.6%. Despite overall slowdown, sectors such as financial and real estate services show resilience, indicating some positive momentum.
