SBI revises GDP growth forecast to 6.3% for FY25

SBI downgrades India’s GDP growth forecast to 6.3% for FY25, citing economic challenges
SBI revised India’s FY25 GDP growth forecast to 6.3%, slightly below the NSO’s 6.4%. The bank noted challenges including a slowdown in lending and manufacturing, with expectations for slower growth re
India's GDP Growth Likely To Hit 4-Year Low At 6.4% In FY25, Says Govt Data: What It Means for The Economy
India's GDP growth for 2024-25 is projected at 6.4%, a four-year low, as per NSO data. Manufacturing growth slows to 5.3%, and services to 5.8%, while agriculture improves to 3.8%. Nominal GDP is estimated at Rs 324.
GDP growth likely to be 6.3% in FY25, tad below Centre estimates, says SBI report
The worrying aspect of the demand is marked slowdown in gross capital formation, SBI's study said, adding that the capital formation nominal growth declined 270 bps to 7.2%
Govt pegs India’s GDP growth at 6.4 pc for 2024-25; agriculture bounces back, services surge
India's Gross Domestic Product (GDP) is projected to grow at 6.4 per cent in the financial year 2024-25 down from 8.2 per cent growth recorded in 2023-24, according to the first advance estimates released by the Ministry of Statistics on Tuesday.
SBI sees India's FY25 GDP at 6.3% with downward bias
SBI projects India's GDP growth to be 6.3 per cent in FY25 with a downward bias due to challenges. This is below the previous year's estimate of 6.4 per cent and four-year low. Real GDP growth is expected to decelerate,
India’s GDP growth pegged at 6.4%, lowest in four years - Key takeaways
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 GDP growth likely slowed to 6.4% in FY25 compared to 8.2% last year: Government estimates
India’s GDP growth is expected to slow to 6.4% in the fiscal year 2024-25, down from 8.2% in the previous year, as per NSO estimates. Real GDP and GVA
India's GDP Growth Pegged At 6.4% for FY25, Slowest Since Pandemic; What Does It Mean?
The National Statistics Office (NSO) and Ministry of Statistics and Programme Implementation (MoSPI) has announced the first advance estimates of annual GDP growth rate to 6.4% for FY25. This will be the slowest growth since the pandemic,
ExplainSpeaking: What the latest GDP estimates tell about the state of India’s economy
At the current exchange rate of 85 rupees to a dollar, India’s GDP in FY25 will be $3.8 trillion. If India’s exchange rate had not fallen from around 61 rupees to a dollar in 2014 then today, India could have boasted of becoming a $5 trillion economy ($5.
NSO Projects 6.4% GDP Growth for India in FY 2024-25 Amid Sectoral Challenges
India’s GDP is projected to grow at 6.4 percent in FY 2024–25, as per the first advance estimates released by the NSO on January 7, 2024.
India’s per capita nominal GDP to increase by Rs 35k in FY25 despite slower overall growth: SBI
Despite a slowdown in real GDP growth and stagnant nominal GDP growth, per capita nominal GDP is expected to rise significantly in FY25, according to a report by the State Bank of India (SBI). The report highlighted that per capita nominal GDP in FY25 is estimated to be nearly
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India GDP Data 2025 LIVE: Advance estimates signal slowest growth since pandemic, with manufacturing most impacted
The official data for the first advance estimates of national income for 2024-25 will be released on Tuesday, January 7.
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