India's GDP growth expected to rebound to 6.7 pc in H2, full-year forecast at 6.4 pc: JP Morgan
India's economy is forecast to grow 6.7 per cent in the second half of 2024-25, with annual GDP growth at 6.4 per cent according to JP Morgan. Government spending, good agricultural growth, and lower crude oil prices are expected to boost growth. Consumption, investment, and exports were weaker than expected in the third quarter, contributing to slower growth.