Recession 2024 India Predictions. Announcements in the union budget 2023 will be crucial as it will decide how india's economy will perform in fy24 in the middle of a turbulent global economic. India’s gdp grew by 6.7% year over year in the first quarter of fiscal 2024 to 2025 (that is, the quarter from april to june 2024), aligning with our projected range of 6.5% to 6.7%.
Morgan research has raised the probability of a u.s. The international monetary fund (imf) forecasts a slight decline in global.