India needs fiscal policy changes for 6.4% GDP growth rate in 2025: Moody's

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India needs to change its fiscal and monetary policy to achieve a 6.4 per cent GDP growth in 2025 amid a weak rupee, declining foreign investment and volatile inflation, Moody's Analytics said on Wednesday.

Moody's Analytics said it expects the 2025-26 Union Budget to support domestic demand, particularly investment while aiming for a fiscal deficit of less than 4.5 per cent of GDP for the next fiscal.

A weakening rupee, declining foreign investment, and volatile inflation are the areas of greatest economic risk.

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Category: BusinessFinance

Markets: India

Topics: India GDP growth India GDP India growth rate Moody's analytics

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Article Type: News Report

Published On: 2025-01-29 @ 17:32:45 (2 days ago)

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Language: English

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