indias economy grew by 7 in first quarter
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

India's economy grew by 7% in first quarter

Arab Today, arab today

Arab Today, arab today India's economy grew by 7% in first quarter

Indian employees work at a textile factory
New Delhi - Arab Today

India's economy grew by a slower than expected 7.0 percent in the first quarter of this financial year, official figures showed Monday.

Growth in the three months through June slowed to 7.0 percent year-on-year from 7.5 percent in the previous quarter, the statistics ministry data showed.

The figures were lower than the median forecast of 7.4 percent in a survey of economists by Bloomberg News.  

India's growth overtook that of regional economic powerhouse China in the first three months of 2015, prompting Finance Minister Arun Jaitley to announce the economy was in "recovery mode". 

But analysts said the latest figures indicated the government's attempts to revive the economy were faltering.

"The GDP number shows that there is no take-off in any of the key sectors of the economy," Madan Sabnavis, chief economist at Care Ratings, told AFP.

"The high government spending which was expected to provide the boost is not being reflected in the numbers."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

indias economy grew by 7 in first quarter indias economy grew by 7 in first quarter

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

indias economy grew by 7 in first quarter indias economy grew by 7 in first quarter

 



GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 09:47 2018 Monday ,10 December

Russian ex-policeman convicted over 56 murders

GMT 09:00 2018 Wednesday ,12 December

May tours Europe in desperate bid to save Brexit deal

GMT 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 10:03 2018 Monday ,10 December

23 Palestinians arrested in West Bank

GMT 09:12 2018 Wednesday ,12 December

Ford trains 1,600 motorists in Mideast, Africa in 2018

GMT 10:16 2018 Wednesday ,12 December

Hariri Reaches London To Partake In Lebanon Uk Forum

GMT 10:09 2018 Monday ,10 December

Jewish extremists attack Palestinian-owned vehicles

GMT 01:14 2017 Wednesday ,18 October

Ban tells world leaders 'a political
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday