GDP growth slumps to 7-quarter low of 5.4%

Quick Summary:

India Business News: NEW DELHI: The country's economic growth in July-Sept quarter of the current fiscal year slowed to a seven-quarter low, dragged down by slowing manufa.

The slowdown in the second quarter was sharper than expected and pointed to weakness in consumption and investment.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaMaliPakistan

Topics: Economic growth GDP growth Investment decline Manufacturing slowdown Business news Services sector

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 09:04:36 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 635 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23959784

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