The expansion is up from a revised 6.4% within the earlier three months, information launched on Friday confirmed.
India’s financial progress slowed to 7.4 per cent within the March quarter, bringing down the annual progress price to six.5 per cent throughout 2024-25, in keeping with official information launched on Friday.
A person walks previous a emblem of the Reserve Financial institution of India (RBI) and the Indian Rupee contained in the RBI headquarters in Mumbai.(REUTERS/File)
The expansion within the January-March interval was decrease than the 8.4 per cent growth within the year-ago quarter.
In line with the info launched by the Nationwide Statistics Workplace (NSO), the financial system expanded 6.5 per cent in 2024-25 in opposition to a 9.2 per cent progress in 2023-24.
The NSO, in its second advance estimate of nationwide accounts, had pegged the nation’s progress at 6.5 per cent for 2024-25.
China has registered an financial progress of 5.4 per cent within the first three months of 2025 (January-March 2025).
Information / Enterprise / India’s financial progress declines to six.5% for 2024-25, decrease than earlier 12 months’s 9.2%