Mumbai, April 15 -- Organization of the Petroleum Exporting Countries or OPEC stated in a latest monthly update that India seems to have continued to see sound growth in 1Q25, a dynamic that may start to see a limited dampening factor from the introduction of US-centred tariffs on Indian import. Since the near-term developments are guided by the assumption that the fallout from US tariffs will be limited for India's economy, the near-term growth dynamic in 1H25 stands at around the 2H24 economic growth dynamic. India's economy continued to see sound economic growth in 4Q24 of 6.2%, y-o-y. India's 3Q24 economic growth stood at 5.6%, y-o-y, down from 6.5%, y-o-y, in 2Q24, and growth of 8.4%, y-o-y, in 1Q24. Importantly, business sentiment i...
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