Lower Q2 GDP growth a temporary blip, says FM
Hindustan Times Jammu|December 18, 2024
NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday said the lower-than-expected GDP growth of 5.4% in the second quarter was a "temporary blip" and exuded confidence that the economy will see healthy growth in the coming quarters.
Press Trust of India

Replying to a debate in the Lok Sabha on the first batch of Supplementary Demands for Grants, she said India has seen "steady and sustained" growth and its GDP growth rate has averaged 8.3% in the last three years.

"The real growth rate for Q1 and Q2 of this financial year (FY25) has been 6.7% and 5.4%, respectively. At 5.4%, the Q2 rate is slower than expected. Q2 of this financial year has been a challenging quarter for India and most other economies of the world," she said.

India continues to be the fastest-growing major economy in the world, Sitharaman said, adding that the credit goes to the people of India who are struggling and meeting their aspirations, thereby, contributing to the economy.

Esta historia es de la edición December 18, 2024 de Hindustan Times Jammu.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 18, 2024 de Hindustan Times Jammu.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE HINDUSTAN TIMES JAMMUVer todo
Hindustan Times Jammu

Thermal Coal Imports Fall For Sixth Straight Month In Feb

India's imports of thermal coal - mainly used in power generation - fell for a sixth straight month in February, ship tracking data showed, as coal-fired power generation grew at a muted pace on the back of a slowdown in manufacturing activity.

time-read
1 min  |
March 11, 2025
Hindustan Times Jammu

Apex court pulls up J&K for non-compliance of HC order

The Supreme Court has censured Jammu and Kashmir officials for not complying with a high court order over the regularisation of daily-wagers and called it as a \"glaring and textbook example of obstination\".

time-read
2 minutos  |
March 11, 2025
Hindustan Times Jammu

Zelensky, Ahead of US Talks, Says Ukraine Wants Peace

Trump's Advisers Are Already Sketching Out How They Might Ease the Sanctions Imposed on Russia, Including a Cap Imposed on Prices for Its Oil Sales

time-read
2 minutos  |
March 11, 2025
Hindustan Times Jammu

Negotiating trade deals with Europe

India must deepen ties with multiple partners to protect its interests at a time of global churn

time-read
2 minutos  |
March 11, 2025
Hindustan Times Jammu

House opens on stormy note after Budget recess

The second half the Budget Session of the Parliament began on a stormy note on Monday with the Opposition trying to corner the government by raising issues such as delimitation, national education policy (NEP), and the alleged discrepancies in the voter rolls.

time-read
3 minutos  |
March 11, 2025
Hindustan Times Jammu

All-weather friend, major trade partner

Over the past 10 years, Mauritius has become a cornerstone of India's maritime strategy that straddles the security, economic and ecological dimensions

time-read
3 minutos  |
March 11, 2025
Hindustan Times Jammu

BJP opts for 'complementary' approach in poll-bound Bihar

The strategy to combine forces will ensure that the state gets stable and a good government BJP LEADER

time-read
3 minutos  |
March 11, 2025
Hindustan Times Jammu

Capital Infra Announces Raising ₹2,363 Cr

Infrastructure investment trust Capital Infra Trust has announced raising ₹2,363 crore through debt securities to strengthen its financial position.

time-read
1 min  |
March 11, 2025
Hindustan Times Jammu

UGC's new teacher appraisal system is a lot more holistic

The criticism of the University Grants Commission (UGC)'s recent reforms based on the National Education Policy 2020 in these columns (UGC's flawed proposals for teacher hiring, promotions, Sukhadeo Thorat, February 18) fails to recognise higher education governance's dynamic and evolving nature.

time-read
3 minutos  |
March 11, 2025
Hindustan Times Jammu

Godrej Consumer Mulls More Gradual Price Hikes for Soaps

Soaps Make Up About a Fifth of Godrej Consumer's Revenue

time-read
1 min  |
March 11, 2025