Tag Archives: GDP

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GDP growth slows to 7.1 per cent on poor show by agriculture, construction sectors

Indian economy grew at 7.1 per cent in April-June of the current fiscal, its slowest pace in the last six quarters, mainly due to slower growth in construction and agriculture sectors and contraction in the mining sector, as per data released by the Central Statistics Office on Wednesday. Manufacturing and electricity growth pick up pace during the April-June quarter. The Read More


GDP growth to remain flat at 7.4% in FY17: HSBC

India is likely to clock GDP growth of 7.4 per cent in the current fiscal and consumption is likely to be the main driver of growth in the foreseeable future, says an HSBC report. According to the global financial services firm, investment cycle revival is not expected to happen quickly or easily and the country is likely to see a Read More