India likely to grow at slower clip of 6.4%, say First Advance Estimates for FY25
- Posted on January 7, 2025
- By Business News Today
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India likely to grow at slower clip of 6.4%, say First Advance Estimates for FY25
India's economy is expected to grow by 6.4% in FY25, the slowest in four years, due to weak manufacturing and low investments, per the National Statistical Office. Economists suggest the government take measures in the upcoming budget to boost growth. The RBI may face pressure to cut rates. Private consumption is positive but private investment is concerning.