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Searched Tag: gdp dips to 4 year low
GDP growth likely to slip to 4-year low of 6.4 pc in FY25

GDP growth likely to slip to 4-year low of 6.4 pc in FY25

January 8, 2025, 04:56 PM - 4 min read

The National Statistical Office (NSO) released the first advanced estimates of GDP for the fiscal year 2024-25 on Tuesday projecting a GDP growth of 6.4% . This number was 7% and 8.2% in 2022-23 and 2023-24.

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FY25 GDP estimate drops to 6.3pc, trails govt outlook

FY25 GDP estimate drops to 6.3pc, trails govt outlook: SBI

January 8, 2025, 03:52 PM - 3 min read

The difference between the Reserve Bank of India (RBI) and NSO estimates has been in the range of 20-30 basis points, and hence the 6.4 per cent estimate for the 2024-25 financial year is within expected and reasonable limits, the SBI research report Ecowrap stated.

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GDP dips to 4-year low; Budget faces economic gloom: Congress

GDP dips to 4-year low; Budget faces economic gloom: Congress

January 8, 2025, 03:37 PM - 5 min read

The Congress suggested that income support for India’s poor, higher MGNREGA wages, and increased minimum support prices (MSPs) were essential. It also called for a drastic simplification of the "comically complex" GST system and income tax relief for the middle class.

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