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flag HDFC Securities forecasts India's GDP growth at 6.4% for 2024-25, citing mixed economic drivers.

flag HDFC Securities predicts India's GDP growth will slow to 6.4% in 2024-25, with risks from weaker urban demand and private investment. flag However, rural demand and increased government spending are expected to support growth. flag The Reserve Bank of India had previously lowered its forecast to 6.6%. flag For 2025-26, GDP growth is predicted to improve to 6.7%, driven by sectors like BFSI, industrials, cement, energy, and IT.

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