India set for resilient growth in 2025 driven by urban consumption: S&P

Quick Summary:

For 2025-26 and 2026-27, S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.

UBS has revised its GDP growth forecast for FY25 to 6.3 per cent compared to 6.7 per cent previously estimated.

The Department of Economic Affairs secretary, Ajay Seth, recently stated that action is being taken to revive growth in the next two quarters, and several high-frequency data points from the month of October indicate a positive trend.

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Category: BusinessFinance

Markets: India

Topics: Reserve Bank of India Indian economy India Outlook GDP growth Urban consumption Gross domestic product GDP

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Published On: 2024-12-10 @ 16:39:42 (2 days ago)

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Language: English

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