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Home > All news > Economy, Report & Analysis > India’s GDP growth to pick up in third quarter compared to first half of FY25: ICRA

India’s GDP growth to pick up in third quarter compared to first half of FY25: ICRA

November 25, 2024
Reading Time: 2 minutes
IMF raises India’s FY24 growth forecast to 6.7 %

Mumbai - India’s economy is projected to grow at a faster pace in the third quarter of the current financial year (October-December 2024) compared to the first half (April-September 2024), according to a report by ICRA.

The report stated that this optimism is based on improving economic indicators and robust activity levels in various sectors. The report added that the preliminary data for November 2024 indicates a positive trend.

The growth in electricity demand has picked up due to a favorable base effect, while festive season demand continues to . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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