India’s Economy Grows 6.2% in Q3 FY25, Growth Target Raised to 6.5%

India’s GDP expanded by 6.2% in the October-December quarter of 2024, driven by increased government and consumer spending. The government revised its annual growth forecast to 6.5%, though challenges like muted urban consumption and global economic headwinds remain. Policy measures, including tax cuts and interest rate reductions, aim to sustain momentum.