World’s fastest-growing economy is slowing down. Why?

New Delhi has lowered its GDP growth projections for the 2025 financial year even though economists say fundamentals remain strong

India’s economic growth for the second quarter (July-September) of the financial year from April 2024 to March 2025 stood at 5.4%, marking a seven-quarter low, according to government data. This resulted in an overall growth rate of approximately 6% for the first half of the fiscal year, a decline from the 8.2%...