In H1, the country's GDP had grown 7.7%. The GDP projections in the poll ranged from 6% to 7.3%, with the median ratebeing 6.65%. The National Statistical Office (NSO) will release the December quarter's national income data on Thursday.
The Reserve Bank of India's (RBI) 'nowcast' model has projected the Q3 growth at 7%.
At 6.7%, the GDP in absolute terms will grow 2.8% from the previous quarter. This is lower than the average 4.5% growth recorded between Q3 and Q2 in the past 12 financial years.
Diese Geschichte stammt aus der February 28, 2024-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der February 28, 2024-Ausgabe von Financial Express Mumbai.
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