MUMBAI: Real GDP growth will come lower than the official estimate at 6.2 per cent in the ongoing fiscal year and inch up to 6.5 per cent in FY26, a foreign brokerage said on Tuesday.
The Q2FY25 growth number at 5.4 per cent was disappointing, HSBC said in a report, adding that it expects the gross value added growth in the December quarter to go up to 6.5 per cent.
"Our 100 indicators analysis shows that growth indicators have improved since September, but remain weaker than June," the report said.
This story is from the January 08, 2025 edition of Millennium Post Kolkata.
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This story is from the January 08, 2025 edition of Millennium Post Kolkata.
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