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India GDP Growth Slows To 5.4% In Sep. Quarter
Q2 GDP growth at 5.4%: RBI rate cut in December? Unlikely, say experts
Despite gross domestic product (GDP) growth being lower-than-expected for the July-September quarter, the six-member Monetary Policy Committee (MPC) may not cut the policy repo rate in the review meeting scheduled for next week due to high inflation in October, according to experts.
India's September quarter GDP growth likely slowed on weak urban spending
India's economy is expected to have slowed in the July-September quarter, growing at the slowest pace in 18 months, weighed down by weak urban consumption following a rise in food prices despite an increase in government spending.
India Q2 FY25 GDP Growth Data 2024 Highlights: Economic growth slows to 5.4%
GDP growth slides to 5.4% for quarter ended Sept 2024. India’s economy expanded at 6.7 per cent in the April-June quarter (Q1), marking the slowest pace in five quarters.
GDP growth hits 7-quarter low of 5.4% in Q2 as manufacturing slows
The slowdown in the September quarter was led by the manufacturing sector, which registered only 2.2 per cent growth along with electricity that grew 3.3 per cent in the quarter. The labour intensive construction sector also decelerated, growing at 7.7 per cent in September quarter compared to 10.5 per cent in the preceding quarter.
India's GDP growth slips to 5.4% in Q2, experts revise FY25 projections
The RBI remains optimistic about the medium-term outlook, stating that the slowdown observed in the second quarter is behind the economy.
Q2 growth disappointing but 6.5% GDP target for FY25 ‘not in danger’, says CEA
CEA Nageswaran calls 5.4% growth "disappointing" but not alarming, highlighting key factors contributing to slowdown and potential rebound.
India's GDP growth slows to 2-year low of 5.4% in Q2, adding pressure on RBI to cut rates
India's economy grew at its slowest pace in seven quarters, expanding just 5.4% year-on-year in the July-September quarter. Weaker manufacturing and private consumption drove the slowdown. The Reserve Bank of India faces calls to cut rates to stimulate demand,
India's GDP Growth Slows Sharply To 5.4% In Q2 FY25 - Details
India's GDP growth slowed to 5.4% in the July-September quarter of FY25, down from 8.1% in the same period last year, mainly due to weaker manufacturing performance. Despite this, India remains the fastest-growing major economy,
Q2 growth shocker puts pressure on RBI to cut rates
India's economy grew at 5.4% in the three months to September, the slowest pace in almost two years. This lag affects Prime Minister Modi's growth plans and may prompt the Reserve Bank to consider cutting interest rates.
India Q2FY25 GDP Growth Explained: What’s Next For The Economy?
The National Statistics Office on Friday announced that the Q2 GDP was 5.4%, down from 6.7% in the April-June quarter. As per the data shared by NSO, real GDP grew by 5.4% in the second quarter of the fiscal year 2024-25,
India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data
The economy expanded 5.4% in the second quarter from a year ago, hobbled by tepid consumption demand and a weakening in the mining sector
TSX hits record high after GDP data
TSX hits record high after GDP data, set for monthly gain
Canada's main stock index hit a record high on Friday after data showed the economy grew at an annualized rate of 1% in the third quarter, raising expectations for a larger interest-rate cut by the Bank of Canada next month.
TSX Composite starts in the green today; GDP data in focus
Canadian equities started mixed on Wednesday. The top gainers were Capped Materials, Capped Industrials and Capped Information Technology indices. At the market open in Toronto, the TSX Composite Index dropped 0.
Daily Market Close: TSX hits on a record high | November 28, 2024
The Market Online brings you the news as the Canadian Markets Close. 30 things Americans consider normal but no one else understands Sean Patrick Thomas: ‘I’m a dad now – I hope Cruel Intentions is not anything close to real teenage life’ 8 bad habits that destroy mental health and cause depression Everyone on Earth shares the same single ancestor – and no,
The Canadian Press on MSN
2h
GDP per capita falls for 6th straight quarter, economists split on rate cut size
The Canadian economy shrank on a per-person basis for a sixth consecutive quarter as higher interest rates continued to weigh ...
3h
on MSN
Canada GDP rises 0.3% in Q3
The Canadian GDP expanded by 0.3% from the earlier quarter in the three months to September of 2024, slowing from 0.5% ...
9h
on MSN
Taiwan Lifts 2025 GDP Forecast Despite Trump’s Tariff Threats
Taiwan raised its forecast for economic growth next year even though the return of President-elect Donald Trump threatens to ...
34m
Consumer spending rose in Q3 amid per-capita GDP decline: economists
As the Canadian economy shrank on a per-person basis in the third quarter, economists say consumer spending showed signs of ...
Opinion
Business Times
3h
Opinion
The perils in the search for the perfect GDP alternative
AS Europe was miserably shivering with thermostats turned down and energy costs surging during the winter of 2022-23, the ...
2d
US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending
The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending ...
1d
on MSN
US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a ...
1d
on MSN
The total wealth of Trump’s top team is $340 billion — more than the GDP of 169 countries
Donald Trump’s campaign pledged to be a champion for working class Americans. His incoming administration is stuffed with ...
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