Indian economy showing signs of recovery: Brickwork Ratings

Rural Demand and Agriculture: Strong agricultural performance due to favourable monsoon conditions has boosted rural incomes and consumption, contributing positively to overall economic activity

The Indian economy is showing signs of recovery after experiencing a slowdown in the previous quarters. The fourth quarter of fiscal year 2025 promises better performance. India's GDP growth is projected to rebound significantly in Q3 FY2025. After a disappointing growth rate of 5.4% in the second quarter, various economists expect growth to pick up to around 6.5% to 7% in the third quarter. According to estimates, the economy is expected to grow by 6.4% for the fiscal year 2024-25 and 6.9% in 2025-26, supported by public consumption and investment, alongside a steady recovery in the service sector.