Foreign banks expect RBI to maintain 6.5% policy rate despite slow GDP growth, intensifying calls for monetary easing.

India's economy grew at its slowest pace in seven quarters, expanding just 5.4% year-on-year in the July-September quarter. Weaker manufacturing and private consumption drove the slowdown. The Reserve Bank of India faces calls to cut rates to stimulate demand,

India's Q2 GDP growth slowed significantly from 8.1% to 5.4% in Q2 FY25, driven by weaker consumption and adverse weather impacts on key sectors. The slowdown aligns with economist predictions of 6.5% growth,

The economy expanded 5.4% in the second quarter from a year ago, hobbled by tepid consumption demand and a weakening in the mining sector