India’s GDP Growth Slows to 5.4% in Q2 FY25: A Comprehensive Analysis
India’s Gross Domestic Product (GDP) growth for the July-September quarter of 2024 decelerated to 5.4% year-on-year, marking the slowest expansion in seven quarters. This slowdown fell short of the anticipated 6.5%, raising concerns about the underlying factors impacting the economy’s momentum. Key reasons include weakened urban consumption, elevated food inflation, and high borrowing costs, all…