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Crisil raises GDP growth forecast to seven per cent during current financial year

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....risil raises GDP growth forecast to seven per cent during current financial year<BR>FEMA / RBI<BR>Dated:- 29-11-2025<BR>PTI<BR>Kolkata, Nov 29 (PTI) Crisil has raised its forecast for the country's GD....

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....P growth to 7 per cent from 6.5 per cent for the current financial year, following the first-half growth of 8 per cent that exceeded expectations. Chief economist of Crisil, Dharmakriti Joshi, said t....

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....hat India's real GDP growth stood at 8.2 per cent in the second quarter, exceeding expectations. However, due to easing inflation, the nominal GDP growth was modest at 8.7 per cent. The first half g....

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....rowth of eight per cent and an expected slowdown to 6.1 per cent in the second half owing to the impact of higher US tariffs, Joshi said. According to Crisil, private consumption was the main driver ....

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....of higher real GDP growth. From the supply side, growth in manufacturing and services saw a significant rise. Joshi said lower food inflation stoked discretionary spending in the country. Joshi said ....

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....that the third quarter is expected to continue benefiting from these tailwinds. While government investment will stabilise likely, there could be a belated uptick in private investments, according to ....

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....Joshi. The rationalisation of GST rates is boosting private consumption, complementing reduced income tax and interest rate cuts induced by repo rate cuts by the Monetary Policy Committee of the RBI.....

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.... PTI dc RG<BR> News - Press release - PIB....