The National Statistics Office has released the Q2 GDP data, showing a drop in growth to 5.4%. This is much lower than the Reserve Bank of India's yearly growth estimate of 7.2%. The economy of India appears to have slowed down during the July–September quarter,

India's economy slowed down more than expected, with the GDP growth coming in at a much less than expected 5.4%

The revenue expenditure, excluding subsidies, will be 0.12% of GDP, lower than the budget estimate, domestic rating agency India Ratings and Research said

GDP growth slides to 5.4% for quarter ended Sept 2024. India’s economy expanded at 6.7 per cent in the April-June quarter (Q1), marking the slowest pace in five quarters.

In the past few years, RBI’s report card on its GDP projections compared to actual growth have been mixed. Actual GDP growth has both overshot and undershot the projections, often forcing RBI to revise its projections.

India's Gross Domestic Product (GDP) is expected to fall below 6.5 per cent for the current financial year 2025, as GDP growth in the second quarter (Q2 FY25) slowed to 5.4 per cent, according to a report by the State Bank of India (SBI).

The Q2 GDP growth reflects a cyclical slowdown due to monsoon, which was compounded by a reduction in government spending due to the elections, say economists

India's economy slowed much more than expected in July-September, expanding by only 5.4% year-on-year, data showed on Friday, weighed down by weak urban consumption following a rise in food prices. A Reuters poll had predicted a 6.

India's Q2 GDP growth slowed significantly from 8.1% to 5.4% in Q2 FY25, driven by weaker consumption and adverse weather impacts on key sectors. The slowdown aligns with economist predictions of 6.5% growth,

In a significant development, India's economic growth decelerated to 5.4% in the July-September quarter of the current fiscal year, marking its slowest pace in nearly two years. This is a significant drop from the 8.

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.