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India’s Economic Growth Projection for 2024-25: Navigating Challenges Amid Uncertainty The Indian economy, one of the fastest-growing major economies globally, is expected to grow at 6.5-6.8% in the fiscal year 2024-25 , according to Deloitte India’s latest Economic Outlook. Despite optimism, several internal and external factors continue to shape the economic landscape. Revised Growth Projections: A Cautious Approach Deloitte’s adjustment of the GDP growth projection underscores the need for caution amidst rising global trade and investment uncertainties. Q2 2024-25 GDP Growth : Recorded at 5.4% year-on-year , falling below market expectations. Revised Forecasts : The RBI lowered its growth forecast to 6.6% , while the NSO estimates 6.4% for the current fiscal. Future Growth : Deloitte projects growth in 2025-26 to range between 6.7-7.3% , reflecting cautious optimism. Key Factors Influencing Economic Growth Election and Weather-Related Disruptions The election uncertai...

Foreign Portfolio Investors Resume Buying Streak in Indian Stock Market Foreign portfolio investors (FPIs) have once again emerged as net buyers in the Indian stock market, signaling renewed confidence in the country's economic outlook. Data from the National Securities Depository Limited (NSDL) indicates that FPIs purchased equities worth Rs 1,156 crore in India until May 3. Factors Driving FPI Sentiment The shift in FPI sentiment follows a brief period in April when geopolitical tensions in the Middle East led FPIs to become net sellers in Indian stocks. Despite being net buyers until mid-April, FPIs cumulatively sold stocks worth Rs 8,671 crore by the end of the month. "The market is currently at record highs, driven by a pre-election rally. Although not as robust as in the past, FPI activity is closely tied to changes in US bond yields. If US bond yields decline and the Indian economy and markets continue to perform well, FPIs are likely to become more aggressive buyers,...