Aditi Nayar

GDP set for a fall in Q1 which may nudge RBI’s MPC to look at monetary easing

India’s Q1 FY2025 GDP data is set to be released at end-August 2024. ICRA expects the GDP growth to moderate sharply to a six-quarter low of 6 percent from 7.8 percent in Q4 FY2024, significantly lower than the Monetary Policy Committee’s (MPC’s) forecast...