<h1>India's Economy Grows Amid Uncertainty; GDP to Rise 7.3% in 2023-24 with Increased Capital Spending, Inflation Eases.</h1> The Indian economy has shown resilience and maintained strong macroeconomic fundamentals despite geopolitical uncertainties. For FY 2023-24, India's real GDP is projected to grow by 7.3%, driven by domestic demand and government capital expenditure. The government plans to reduce the fiscal deficit below 4.5% by 2025-26, with a current target of 5.1% for 2024-25. Capital expenditure will increase by 11.1% to Rs. 11,11,111 crore. Inflation has moderated due to government initiatives, and India is expected to become the third-largest economy by 2027. The government emphasizes inclusive and sustainable economic growth, focusing on infrastructure and key developmental sectors.