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Indian economy largely resilient, Q4 FY25 GDP may be 6.4-6.5%: SBI
Despite weathering effects of global upheavals, the Indian economy stays largely resilient, and buoyancy in consumer confidence and investments would need counter-intuitive drivers, the latest State Bank of India newsletter said. Initial SBI estimates show the GDP in Q4 FY25 could be 6.4-6.5 per cent. Early and better Monsoon forecasts could rejuvenate consumer confidence, investments and demand.
Despite weathering effects of global upheavals, the Indian economy stays largely resilient, and buoyancy in consumer confidence and investments would need counter-intuitive drivers, the latest State Bank of India newsletter said.
Initial SBI estimates show the GDP in Q4 FY25 could be 6.4-6.5 per cent.
Early and better Monsoon forecasts could rejuvenate consumer confidence, investments and demand.
