construction sector

India’s GDP Grows at 8.4% in 3rd Quarter, Fastest in 1.5 Years | India Business News

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India’s GDP Grows at 8.4% in 3rd Quarter, Fastest in 1.5 Years | India Business News

NEW DELHI: The economy grew at its fastest pace in six quarters in the three months to Dec, led by robust manufacturing and construction sector growth. The strong growth has boosted govt’s track record of handling the economy against the backdrop of global challenges ahead of general elections.Data released by National Statistical Office (NSO) showed … Read more

economic growth: ​GDP surprises at 7.6% for Q2, experts expect higher FY24 growth

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economic growth: ​GDP surprises at 7.6% for Q2, experts expect higher FY24 growth

The Indian economy kept its momentum, growing nearly a percentage point higher than expected at 7.6% in the second quarter, buoyed by the manufacturing and construction sector, with experts suggesting an upside to the full-year number. “Given the higher than forecast outcome for Q2, we are revising our FY2024 growth forecast to 6.2% from 6.0%,” … Read more