India’s Q1 GDP Growth Slows To 6.7%, Lowest In Five Quarters
Aditi Nayar, Chief Economist at Icra, pointed out a significant reduction in investment activity during Q1FY25, noting that capital expenditure by the central government and 22 state governments contracted year-on-year by 35% and 23%, respectively.
In FY24, India is expected to surpass other major economies
All economic commentators were taken aback by the GDP figures released on Thursday, as they had predicted a 6.8% growth rate this quarter.
GDP of India exceeds $4 trillion mark: An iconic turning point
India's Gross Domestic Product (GDP) has surpassed $4 trillion in nominal terms, a noteworthy economic accomplishment
Ashneer Grover Sparks Controversy with Perspective on India’s GDP Growth, Stirring Internet Debate
In contrast, a dissenting view highlighted challenges in using per capita income as a true measurement, citing income distribution disparities and the impact of purchasing power parity.
