The GDP growth is expected to be about 6.3 per cent in the current fiscal year, a tad lower than the government's estimates of 6.4 per cent, owing to several factors such as weak demand, SBI research report said on Wednesday.

While a slowdown in the ongoing financial year was anticipated, the steep downward revision in GDP growth for FY25 has taken many by surprise.

Sakshi Gupta, Vice President and Senior Economist at HDFC Bank, forecasts a slight increase in India's growth rate to 6.7% in 2025-26, up from 6.4% this year.

Despite a slowdown in real GDP growth, per capita nominal GDP in India is expected to increase significantly in FY25, by at least Rs 35,000 more than FY23, economists have said.

India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of government's initial projection, dragged by a weaker manufacturing sector and slower corporate investments.

India's GDP is projected to grow 6.4% in 2024-25, down from 8.2% in 2023-24, due to reduced investment, impacting fiscal and monetary policies ahead.

India's GDP is estimated to grow at 6.4 per cent for the financial year 2024-25, the growth is at a four year-low level: MoSPI data. Check Key Takeways from the data

India's economy is expected to grow 6.4% in the current fiscal year ending March, the National Statistics Office said on Tuesday, below the initial government projection of 6.5%-7%. India has released its first advance estimates of gross domestic product (GDP),

GDP growth estimate of 6.4 per cent in the lowest in 4 years. India GDP Growth Rate FY 2025. The government sees the FY25 nominal GDP growth at 9.7 per cent vers

This is the slowest annual GDP growth rate since the pandemic, when it fell down to 5.8% during the financial year 2020-21.

India's GDP is projected to expand by 6.4% in the financial year 2024-25, a decline from the 8.2% growth recorded in FY24, according to government data released on Tuesday. The second quarter witnessed slower-than-anticipated growth at 5.