New Delhi, June 23 -- Economic activities for the month of June showed mixed signs, after experiencing a notable slowdown in May 2025, according to a recent report by ICRA.
Although electricity demand showed signs of improvement in June, daily average vehicle registrations continued to deteriorate compared to the previous month.
Additionally, rural sentiments are expected to bolster demand for two-wheelers and tractors, and urban demand may benefit from income tax cuts and lower borrowing costs, although product availability remains a challenge.
Last month, India's economic activity decelerated to 6.5 per cent year-on-year (YoY) growth, down from 7.8 per cent in April 2025. This moderation was largely influenced by worsening performanc...
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