As expected, the Indian economy picked up pace in Oct-Dec, but the rate of expansion marginally missed forecasts. At 6.2%, the GDP growth for the third quarter of 2024-25 (Apr-Mar) might be 60 basis points higher than 5.6% in Jul-Sept, but it does little to meaningfully lift economic sentiment and economists continue to expect the Reserve Bank of India's Monetary Policy Committee to lower the repo rate once again in April.
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