INDIA'S GROWTH WILL REMAIN ROBUST IN 2025

World Bank on Tuesday said growth in Indian economy is expected to remain strong during next financial year, driven by robust investment and services activity. Against its projection of 6.3% expansion in 2023, the latest Global Economic Prospects has now pegged GDP growth at 6.4% in 2024 and 6.5% in 2025 (In India's case, World Bank follows financial year). Government's advance estimates, released on Friday, estimated that Indian economy will grow 7.3% during the current financial year. At the projected growth rate, India will retain its crown as the world's fastest growing major economy.

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