India's GDP growth rate for the March quarter of the 2023-24 fiscal year is predicted to be around 6.2%.

India Ratings and Research forecasts a slightly higher growth rate of 6.9-7% for the full year.

Previous quarters saw strong growth rates of 8.2%, 8.1%, and 8.4%, but the fourth quarter is expected to be lower.

The discrepancy between GDP and GVA in the fourth quarter is due to increased tax collection in the third quarter.

The Reserve Bank of India projects a 7% GDP growth for the year.

The economy is anticipated to expand at 7.1% in the current fiscal year.

The services sector is expected to drive growth momentum.

Revival in rural demand is hoped for due to predictions of above normal monsoon.

The finance ministry highlights India's robust economic performance amidst global uncertainties.

Positive growth outlook assessments from international organizations and the RBI support this robust performance.