India likely to grow notably in 2025 with some moderation: BNP Paribas
India is likely to continue developing at an impressive pace in 2025, albeit with some moderation, BNP Paribas said. The slowdown is due, in part, to weaker manufacturing activities, with new orders softening in recent months. BNP Paribas expects most of Asia’s central banks to cut rates two or three times this year. The depth of the cuts will depend on the specific circumstances of each economy.
India is likely to continue developing at an impressive pace in 2025, albeit with some moderation, BNP Paribas said.
The slowdown is due, in part, to weaker manufacturing activities, with new orders softening in recent months.
BNP Paribas expects most of Asia’s central banks to cut rates two or three times this year.
The depth of the cuts will depend on the specific circumstances of each economy.
