India's economy is expected to grow at around 6.5% in fiscal year 2024/25, closer to the lower end of its 6.5%-7% projection, as global uncertainties pose a dampening threat, the government said on Thursday.

India is expected to grow at around 6.5% in the fiscal year 2024/25, closer to the lower-end of its 6.5%-7% projection, as global uncertainties pose a threat to domestic growth, the government said on Thursday.

India expects the economy to grow at around 6.5% in the year through March, against 8.2% a year before, after the economy slowed unexpectedly in the July-September quarter.

The Indian economy is projected to grow at 6.5 per cent in the current and next fiscal year, an EY report revealed. The study attributed this growth rate to a lower than expected surge in the September quarter,