India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of government's initial projection, dragged by a weaker manufacturing sector and slower corporate investments.

The Indian economy, in real terms, is expected to grow by 6.4 per cent in 2024-25 as compared to the 8.2 per cent growth in 2023-24. It is 20 basis points less than RBI estimates. The Ministry of Statistics and Programme Implementation released the First Advance Estimates of Annual

India's economy is expected to grow 6.4% in the current fiscal year ending March, the National Statistics Office said on Tuesday, below the initial government projection of 6.5%-7%.

India’s government lowered its economic growth projection for the fiscal year to the weakest since the pandemic after consumers cut back on spending and public investment slowed.

Gross value added (GVA), a critical measure that excludes indirect taxes and subsidies, is expected to match GDP growth at 6.4%. Meanwhile, nominal GDP, the foundation for budget calculations, is anticipated to rise by 9.

India’s higher education system must address research, talent, and digital gaps to align with the country’s economic ambitions and secure global competitiveness.

India's Gross Domestic Product (GDP) is expected to grow by 6.4 per cent in the fiscal year 2024-25, representing a four-year low and a significant drop from the 8.2 per cent growth achieved in FY24,

This is the slowest annual GDP growth rate since the pandemic, when it fell down to 5.8% during the financial year 2020-21.