India’s Q1 GDP Growth Reflects Resilience Amid Challenges

By-Dr. Vikas V. Gupta, CEO & Chief Investment Strategist, OmniScience Capital “India’s GDP growth for the quarter ending June 2024 registered at 6.7%, slightly below expectations. While this indicates a modest slowdown, the underlying data remains encouraging, with strong growth in private consumption and a notable rise in investment activity. The slowdown is primarily due to a high base effect, adverse weather conditions, and restrictions…