The economic outlook is balanced, but changes require faster progress.
The first official assessment of the economy’s performance in 2024-25 pegs real GDP growth at 6.7% from April to June, a five-quarter low and below the central bank’s prediction. The Reserve Bank of India (RBI) reduced its Q1 GDP growth forecast from 7.2% to 7.1% earlier this month, following last year’s 8.2% increase. Despite certain … Read more
