Indian economy relatively slowed

The Indian economy grew by 6.7 per cent in real terms in the April-June quarter of the current financial year 202425, Ministry of Statistics and Programme Implementation's official data showed on Friday.

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Last year same quarter, India grew 8.2 per cent.

The nominal GDP has witnessed a growth rate of 9.7 per cent in the April-June quarter of 2024-25 as compared to the growth rate of 8.5 per cent same quarter of last fiscal year.

The Reserve Bank of India, in its latest monetary policy meeting, projected GDP growth for 2024-25 at 7.2 per cent, with growth for Q1 expected at 7.1 per cent, Q2 at 7.2 per cent, Q3 at 7.3 per cent, and Q4 at 7.2 per cent.