Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
India's growth down sharply to 7.1% in Q1 from 7.9% in Q4 FY2015-16
India's GDP figures have puzzled many economists, who find them hard to square with other indicators such as industrial output or bank lending which show more sluggish activity on the ground.
PHOTO: BLOOMBERG
New Delhi
INDIA'S economic growth slowed sharply in the first quarter of the 2016-17 financial year, official data showed on Wednesday, missing expectations but raising hopes of an interest-rate cut.
Gross domestic product (GDP) expanded 7.1 per cent year on year in the three
To continue reading
Need help?
CALL +65 6388 3838 EMAIL btocs@sph.com.sg
