India's Q1 GDP growth seen cooling to 7.4%, a 4-quarter low — but beating the RBI
A Mint poll of 21 economists puts India's April-June GDP growth at 7.4%, the weakest in four quarters yet still above the RBI's 7.0% forecast. The moderation is largely statistical: a rising deflator and fading base effects are flattering the slowdown, even as domestic demand proves resilient. Watch for tougher Q2-Q3 as West Asia energy shocks transmit through supply chains.