India's GDP expected to grow at 6.5 pc in Q2 FY25, fiscal year growth close to 7 pc: SBI
New Delhi [India], November 6 (ANI): India's GDP growth for the second quarter of the current fiscal year could be around 6.5 per cent, according to a report by the State Bank of India (SBI).
While the report acknowledged a slight dip in growth for Q2, it noted that the slowdown might be temporary. It pointed to a recovery driven by increasing rural demand, which is seen as a sign of improved income levels.
"The Blip in G