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HinduBusinessLine

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Economy grows at 7.4% in Jan-March quarter, headwinds likely to affect momentum

  • India's economy grew at a rate of 7.4% in the January-March quarter, outperforming other major economies like China.
  • Finance Minister Nirmala Sitharaman emphasized that India remains the fastest-growing economy globally, with sustained growth.
  • Despite strong growth in the last quarter, the overall fiscal year FY25 saw a four-year low of 6.5% GDP growth, down from 9.2% in FY24.
  • Economists express caution about sustaining the growth momentum, citing uncertainties in external trade and investment impacting future growth.

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