Economy in FY25 to grow at 6.5-6.8%, says Deloitte
Mint New Delhi|December 30, 2024
The economy is likely to grow at 6.5-6.8% this fiscal and slightly higher between 6.7-7.3% in FY26, boosted by domestic consumption, Deloitte said on Sunday.
PTI

Deloitte India economist Rumki Majumdar said the growth in the first half of the fiscal year 2025 turned out to be slower than estimated as election uncertainties followed by disruptions in activity due to heavy rainfall and geopolitical events weighed on domestic demand and exports.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MINT NEW DELHIView all
Mint New Delhi

Portfolio chaos: A teacher's quest from clutter to clarity

How Singh turned around his finances to secure his future with low-cost professional advice

time-read
4 mins  |
January 24, 2025
Mint New Delhi

Maruti Suzuki to up prices of models

Maruti Suzuki India Ltd (MSIL) on Thursday said it will hike prices by up to ₹32,500 across various models to partially offset the rise in input costs.

time-read
1 min  |
January 24, 2025
Mint New Delhi

Etonhurst to raise ₹500 cr real estate fund

Etonhurst Capital Partners is set to raise its first real estate fund, targeting residential redevelopment projects in Mumbai, according to a senior executive.

time-read
1 min  |
January 24, 2025
Mint New Delhi

American employees have lost their labour market leverage

Their pandemic gains are over as the power balance tilts away

time-read
3 mins  |
January 24, 2025
Mint New Delhi

There's a Need to Reimagine MGNREGA for a Modern Economy

The two decades since the passage of the act have seen tremendous changes

time-read
3 mins  |
January 24, 2025
Mint New Delhi

CCI ban on WhatsApp data-sharing on hold

No relief on ₹213 crore fine; experts say order undermines CCI's authority

time-read
2 mins  |
January 24, 2025
Mint New Delhi

India will clock fastest growth rate: Andhra CM Naidu at Davos

Andhra Pradesh chief minister N. Chandrababu Naidu has said that India's golden era has started and the country will clock the fastest growth rate.

time-read
1 min  |
January 24, 2025
Mint New Delhi

Companies Go For Corporate NPS As Traditional Plans Fade

Provident fund and gratuity seen as inadequate, while superannuation funds aren't portable

time-read
3 mins  |
January 24, 2025
Mint New Delhi

HUL needs a magic wand for recovery after subdued Q3

Not fast-moving

time-read
1 min  |
January 24, 2025
Mint New Delhi

JSW Defence, Telangana ink MoU

JSW Defence has signed an agreement with the Telangana government to set up a facility in the state for manufacturing unmanned aerial systems.

time-read
1 min  |
January 24, 2025