ICRA estimates India’s YoY real GDP growth to slow to 6.1-6.5 per cent in Q1 FY26 from 7.4 per cent in Q4 FY25.
It expects the country’s index of industrial production to have shown a modest growth of 1.5-2.5 per cent in June this year.
Labour market conditions weakened in June in both rural and urban areas relative to May, although financial conditions improved, and core output growth inched up.
It expects the country’s index of industrial production to have shown a modest growth of 1.5-2.5 per cent in June this year.
Labour market conditions weakened in June in both rural and urban areas relative to May, although financial conditions improved, and core output growth inched up.
