A revival in spending by private enterprises and tailwinds from expected monetary easing sometime later in the year are expected to keep the economy chugging at the current world-beating pace. Growth for the full year FY24 is now seen at 7.6%. An ET poll conducted before the GDP (gross domestic product) data release had pegged FY25 growth at a median of 6.5%, with forecasts ranging from 5.4% to 7.1%.
