India's economy is expected to grow 6.4% in the current fiscal year ending March, the National Statistics Office said on Tuesday, below the initial government projection of 6.5%-7%.

India's GDP is projected to expand by 6.4% in the financial year 2024-25, a decline from the 8.2% growth recorded in FY24, according to government data released on Tuesday. The second quarter witnessed slower-than-anticipated growth at 5.

The projection is lower than the recent Reserve Bank estimate of 6.6% for the current fiscal year ending March 2025.

India's economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data released on Tuesday.

India's GDP is estimated to grow at 6.4 per cent for the financial year 2024-25, the growth is at a four year-low level: MoSPI data. Check Key Takeways from the data

GDP growth estimate of 6.4 per cent in the lowest in 4 years. India GDP Growth Rate FY 2025. The government sees the FY25 nominal GDP growth at 9.7 per cent vers

This is the slowest annual GDP growth rate since the pandemic, when it fell down to 5.8% during the financial year 2020-21.