India's GDP growth for FY2025 is expected to range between 5.5% and 6.5%, with a challenging second half ahead due to slowing performance across key sectors like manufacturing, construction, and services.

The Indian government is taking steps to help the economy achieve the FY25 GDP growth target of 6.5%-7%, the country's economic affairs secretary said on Monday. The government expects growth to accelerate in the second half of the year,

India’s once-roaring economic growth hit a snag in the September quarter, expanding at its slowest pace in nearly two years.

India's GDP growth is forecasted to decline to 6.8% in 2024-2025 due to rising interest rates and limited fiscal stimulus, according to Crisil. While Q2 growth was only 5.4%, positive indicators suggest a potential rebound in Q3.

India's economy is expected to have slowed in the July-September quarter, growing at the slowest pace in 18 months, weighed down by weak urban consumption following a rise in food prices despite an increase in government spending.