New Delhi, March 3 -- India's economy is expected to grow at a much better pace in the fourth quarter of FY25, supported by strong government spending, a recovery in the rural economy, and a likely increase in private investment, according to a report by Centrum.
The report projects GDP growth for FY25 at 6.5 per cent, with rate cut by the Reserve Bank of India (RBI) expected to aid economic recovery in the coming quarter.
It said "GDP growth for FY25 is projected at 6.5 per cent as the economy is expected to grow at a much better pace in Q4. Strong capital spending by the government, recovery in the rural economy, likely pick-up in private investment and further rate cuts by RBI could aid recovery in the coming quarters".
The Indian e...
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