India’s Q4 GDP growth beats estimates at 7.4%; full year 2024-25 estimate at 6.5%

 India Quarterly & Annual GDP and GVA estimates

  • In Q4 of FY 2024-25, the Real GDP or GDP at Constant Prices reached an estimated ₹51.35 lakh crore, showing a 7.4% increase from ₹47.82 lakh crore in Q4 of FY 2023-24. The Nominal GDP or GDP at Current Prices demonstrated a 10.8% growth, reaching ₹88.18 lakh crore in Q4 of FY 2024-25, compared to ₹79.61 lakh crore in Q4 of 2023-24.
  • The overall Real GDP or GDP at Constant Prices for FY 2024-25 is projected to reach ₹187.97 lakh crore, indicating a 6.5% growth from the First Revised Estimates (FRE) of ₹176.51 lakh crore in FY 2023-24. Additionally, the Nominal GDP or GDP at Current Prices is expected to achieve ₹330.68 lakh crore in FY 2024-25, displaying a 9.8% increase from ₹301.23 lakh crore in FY 2023-24.
  • The fourth quarter of FY 2024-25 shows Real GVA estimates of ₹45.76 lakh crore, compared to ₹42.86 lakh crore in the corresponding quarter of FY 2023-24, demonstrating a 6.8% increase. The Nominal GVA for Q4 FY 2024-25 stands at ₹79.46 lakh crore, whilst Q4 FY 2023-24 recorded ₹72.51 lakh crore, indicating a 9.6% growth.
  • For the entire fiscal year 2024-25, Real GVA calculations reach ₹171.87 lakh crore, as opposed to the First Revised Estimates of ₹161.51 lakh crore for FY 2023-24, displaying a 6.4% growth. The Nominal GVA figures for FY 2024-25 are projected at ₹300.22 lakh crore, in comparison to ₹274.13 lakh crore in FY 2023-24, exhibiting a 9.5% increase.

Comments

Post a Comment

Popular posts from this blog

Why This Is the Best Time to Lock Into Fixed Income Investments in India

🔷 Why This Is the Best Time to Lock Into Fixed Income Investments in India The Reserve Bank of India (RBI) recently surprised markets with a bold 50 basis point cut in the repo rate , bringing it down to 5.50% . This move signals the beginning of a new interest rate cycle—one that is headed downward . For investors, this shift presents a narrow but highly favorable window to lock in high returns through Fixed Deposits (FDs), Bonds, Debt Mutual Funds, and especially Hybrid Funds . Here’s why this is possibly the best time in a decade to allocate to fixed income: 1. We’re at the Peak of the Interest Rate Cycle Before the recent cut, the RBI had raised rates aggressively to combat inflation, pushing yields to decade highs. The rate cut is a clear sign that we’re entering a downward cycle . 🟡 What this means : Current yields on FDs, bonds, and debt funds are at or near peak levels— and may not last long . ⭐ 2. Hybrid Funds: The Most Attractive Fixed Income Strategy Right Now ⭐ In today...
Read more