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ICRA cuts India's GDP growth to 6.2% for FY25

News Arena IndiaRead the original19 May 2026

ICRA revises India's GDP growth forecast down to 6.2% for FY25, citing slower industrial activity and weak rural demand. The downgrade from earlier estimates signals macroeconomic headwinds affecting consumption and investment trends. This could influence RBI's rate decisions and market sentiment across sectors.

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