Indian economy is set for "resilient growth" in 2025 and projected inflation pressure to recede which will lead to "modest" easing of the monetary policy by the RBI, S&P Global Ratings said on Tuesday.

S&P Global Ratings on Tuesday said the Indian economy is set for 'resilient growth' in 2025 and projected inflation pressure to recede which will lead to 'modest' easing of the monetary policy by the RBI.

EFG take the view that the global economy will show continued resilience in 2025 with GDP growth likely to reach around 3.2%. However, they have identified three main headwinds that could cause uncertainty and challenge economic growth in the first half of the year in particular:

S&P Global Ratings on Tuesday said the Indian economy is set for "resilient growth" in 2025 and projected inflation pressure to recede which will lead to "modest" easing of the monetary policy by the RBI.

S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points from its previous estimates

S&P Global Ratings on Tuesday projected 6.8 per cent growth for the Indian economy in FY25, followed by 6.9 per cent growth in FY26, on the back of strong urban consumption, steady service sector growth,