India’s economy grew by faster-than-expected 7.4% in the March quarter
- In the January to March 2025 quarter, India’s GDP expanded by 7.4%, exceeding projections and solidifying its status as the fastest-growing major economy.
- This growth follows a 6.2% increase in the previous quarter and is supported by factors such as monetary easing, expectations of an above-normal monsoon, and lower food inflation.
- Key contributors include strong rural consumption, government infrastructure spending on roads and factories, and steady investment despite weak private sector appetite and global uncertainties.
- The real GDP rose 6.5% for the full 2024-25 year with private final consumption expanding 7.2%, while inflation declined to 3.16%, enabling growth-focused policies according to economists like Aditi Nayar and Dharmakirti Joshi.
- Despite global challenges and US tariffs on Indian goods, the economy's resilience suggests continued steady growth, with expert forecasts projecting around 6.5% growth in fiscal 2025-26 supported by robust domestic demand and policy stability.
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India’s Economy Grows 7.4% in Early 2025, Leading Major Markets
India’s economy expands 7.4% in Q4 FY25 (January–March 2025), the Ministry of Statistics and Programme Implementation announces. This surpasses economists’ 6.7% prediction. In contrast, the U.S. economy contracts 0.3%, and China grapples with trade disruptions. Capital investments soar 9.4%, as government and businesses fund roads and factories. Consumer spending rises 6.0%, driven by rural purchases. […]
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Leaning Left1Leaning Right5Center7Last UpdatedBias Distribution54% Center
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R 38%
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