EY projects India’s GDP growth at 6.5% in FY25, FY26

India’s economy is expected to grow by 6.5 per cent in the current and the next fiscal, according to a recent EY report, which attributed lower-than-anticipated expansion in Q2 FY25 to a drop in private consumption expenditure and gross fixed capital formation.
It also highlights the importance of reforming India’s fiscal responsibility framework to achieve the Viksit Bharat vision by fiscal FY48.Read More