Alicia Garcia Herrero, chief Asia-Pacific economist at Natixis, said India's economy will slow but not "collapse" in 2025. India's economy expanded by just 5.4% in its second fiscal quarter ending September, well below estimates by economists and close to a two-year low.

India's economy expanded by 5.4% in its second fiscal quarter ending September. Economists had forecast GDP growth of 6.5% for the period, according to a Reuters poll. The Reserve Bank of India had forecast an expansion of 7% for the quarter.