Financebyanmol
February 28, 2025 at 10:59 AM
*GDP Numbers to the Rescue?* ✅🤔🚨
Well, there you have it - _*GDP growth is at 6.2% v 8.6% YoY and 5.4% QoQ*_ 📊
_*The GDP numbers have come slightly off the expectations*_, (estimates were 6.3%) and this might still be a sigh of relief for the markets, there is still broad market weakness so being too optimistic would be premature. 🚨📉
FY25 growth has been pegged at 6.5% ✅ and India’s fiscal deficit rose to ₹11.7 lakh crore or _*74.5% of the full-year target in the first 10 months of the year*_. 👀
National Statistical Office (NSO) says - _“Real GDP or GDP at Constant Prices in Q3 of FY 2024-25 is estimated at Rs 47.17 lakh crore, against Rs 44.44 lakh crore in Q3 of FY 2023-24, showing a growth rate of 6.2 per cent,"_. 📝
_Not bad, hopeful_ 🤞
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