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Q2 GDP at 4.5%: With record-low nominal growth at 6.1%, economy is slipping to deeper pain; forget the $5-trillion target
Dinesh Unnikrishnan123 • 5 years agoIndia’s Gross Domestic Product (GDP) for the July-September quarter has come at 4.5 percent, the lowest growth in at least six-and-half years or in 26 quarters and even worse than the first quarter when the economy grew at 5 percent
Q2 GDP growth plunges to over six-year low at 4.5% on deceleration in manufacturing, agriculture, construction sector
Fp Staff • 5 years agoIndia's GDP growth dropped to a six-and-half-years (26-quarter) low of 4.5 percent in the July-September quarter of 2019-20 due to a sharp deceleration in the manufacturing sector and sluggish agriculture, construction sector output, according to official data released on Friday
India's economic growth likely to slow further in second half of 2019 on weakness in consumption sector: DBS
• 5 years agoWeakness in the crucial consumption sector is likely to be extended into the quarter along with tepid private sector activity.
ICRA forecasts lower GDP growth at 4.7% in Q2 of FY20 amid weakening momentum in industry
• 5 years agoThe GDP and GVA were 5% and 4.9% respectively in Q1 and agriculture and services may maintain the growth rate recorded in the first quarter, an ICRA statement said.
GDP growth slows to 6-year low at 5% in April-June from 8% a year ago; agriculture, manufacturing sectors show dismal performance
Fp Staff • 6 years agoContinuing on its downward slide, the economic growth in the first quarter of FY20 slowed to 5 percent in April-June from 8 percent in a multi-year low.
With high GDP growth, Modinomics works without compromising on fiscal discipline or inflation, argues BJP economist
Sanju Verma • 6 years agoIt is amply clear now that revisions in the GDP numbers have happened regularly, even during erstwhile Congress-led dispensations.
NSSO report: GDP data was bound to be questioned due to methodological issues; it's time CSO redefines sample
Madan • 6 years agoAs other variables like employment, tax collections etc. are linked with GDP numbers, the data set will always be examined more than closely for faults
Economists' warning signal: To regain India's data credibility, govt should withdraw faulty GDP back series, release NSSO job numbers
Dinesh Unnikrishnan123 • 6 years agoThe Mundle series showed that the GDP growth had actually touched the double-digit mark, India has been desperately hoping for, in 2006-07.
GDP growth rate is disappointing; RBI can lower rates further, but it is unlikely to push investment
Madan • 6 years agoWhen the growth numbers for 2016-17 and 2017-18 were scaled up under difficult times like demonetisation and GST, it was hard to reconcile the numbers with the underlying conditions in the market.
GDP growth slows to five-quarter low of 6.6% in Q3 on weak performance of agriculture and manufacturing sector
Fp Staff • 6 years agoEarlier last month, the CSO had estimated GDP growth of 7.2 percent for this fiscal under its first advance estimates.