New Delhi, May 24 -- The growth rate of the Indian economy in the fourth quarter of the financial year 2025 will clock 7.0 per cent, with an uptick from the third quarter (Q3 FY25) of 6.2 per cent, according to a report by Union Bank of India (UBI).
As per the UBI report, the revised estimate for full-year FY25 growth is likely to be lowered to 6.3 per cent from 6.5 per cent previously. Gross Value Added (GVA) growth for Q4 FY25 is likely to improve to 6.7 per cent from 6.2 per cent in Q3 FY25, the report added.
The report added that high-frequency indicators present a mixed trend, though the economic activity index indicates a slight upward bias.
"Our heatmap of high-frequency indicators shows a mixed picture even as our economic acti...
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