India's Economic Growth Forecast

According to Moody's, India's GDP growth is expected to exceed 6.5% in the fiscal year 2025-26. This optimistic forecast is attributed to several key factors including government capital expenditure, tax cuts for middle-income groups, and monetary easing.

Recovery and Acceleration

Following a temporary slowdown in mid-2024, Moody's anticipates a reacceleration of India's economic growth, positioning it as one of the fastest-growing large economies globally. The GDP growth rebounded to 6.2% in the quarter following a dip to 5.6% in September 2024, driven by a recovery in government and consumer spending, exports, and a robust farm sector.

Steady Services Sector

The services sector remained steady, contributing to the overall economic resilience. Moody's report highlights the importance of staying informed with the latest business news, updates on bank holidays, and public holidays for a comprehensive understanding of the economic landscape.