FX.co ★ Indian GDP Grows Above Estimates

In the March quarter of 2025, India's GDP grew by 7.4% compared to the previous year, surpassing the revised 6.4% growth from the prior period and exceeding market predictions of a 6.7% increase. This represents the most significant growth rate of the fiscal year, indicating a resurgence in Indian economic progress following a slowdown. The recovery can be attributed to reduced food and energy prices, which enhanced consumer purchasing power. Additionally, India's limited reliance on exports provided resilience against global tariff challenges impacting other Asian economies.