India's Economy Surges 7.4% in Q1, Outpacing Expectations
India's economy grew by 7.4% in Q4, surpassing expectations, but full-year growth is projected at 6.5%, the slowest in four years, due to weak urban consumption and global uncertainties. The government aims to boost growth through infrastructure spending and tax cuts, but challenges like global trade tensions and declining private investment remain. The IMF forecasts further slowdown in the coming years.