Barclays projects 7.2% growth in Q4 for India amid tax surge and improvement in agriculture sector

Barclays projects India's Q4 FY25 GDP growth at 7.2%, driven by net indirect tax growth and improved agriculture, while Nomura estimates 6.7%. Both firms forecast lower FY25 growth than official estimates. Easing inflation may prompt RBI rate cuts, supporting the economy amidst varying growth projections for the coming fiscal year.