It also lowered the estimate for the next financial year to 7% from 7.2% due to lower-than-expected growth in private investment and housing demand.
India's gross domestic product (GDP) rose by 5.4% year-on-year in the July-September quarter, the lowest in seven quarters. The H1FY25 growth has come in at 6%.
The lowering of the forecast for this financial year reflected a deceleration of growth in the second quarter of FY24 to 5.4% from 8.2% in the same period last fiscal, ADB said in a report.
この記事は Financial Express Kochi の December 12, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Financial Express Kochi の December 12, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Trump's tariff to hit Canada, Mexico today
PRESIDENT DONALD TRUMP is on the verge of slapping new tariffs on Canada and Mexico while doubling a levy on China, moves that would dramatically expand his push to revive domestic manufacturing, tap new revenues and rebalance ties with the biggest US trading partners.
ServiceNow Set to Unveil AI Workflow Suite
SOFTWARE-AS-A-SERVICE company ServiceNow is set to launch a suite of AI-powered products this month, aimed at enhancing workflow automation and efficiency across enterprises.
Big infra push to upgrade Uttarakhand's road network
The central government will invest Rs 2 lakh crore in road infrastructure in Uttarakhand, with the aim of soon making the roads here world class.
RIL unit risks being fined up to ₹125 cr
To Cut On Imports
BCG and Accenture lead hiring at IIM-C
THE CONSULTING SECTOR emerged as the top recruiter with 201 offers—nearly 37% of the total—at the Indian Institute of Management Calcutta, as the premier business school achieved 100% placements for its flagship MBA programme of 2025, which concluded on Monday.
Adani Green Energy raises $1.06 bn for debt refinance
ADANI GREEN ENERGY (AGEL) on Monday said it has refinanced its maiden construction facility, with outstanding of $1.06 billion taken in 2021, to develop a solar-wind hybrid renewable cluster in Rajasthan.
Airtel to Trai: Regulate OTTs to control spam
New framework for OTT to help improve accountability
India's GDP to Grow at 6.5% in FY26: Crisil
INDIA'S ECONOMIC GROWTH is likely to be steady at 6.5% in FY26, with expectations of a normal monsoon, softer commodity prices, and recovery in private consumption, Crisil said in a report on Monday.
End of war very, very far away
FRANCE AND BRITAIN are proposing a partial one-month truce between Russia and Ukraine that would cover air, sea and energy infrastructure attacks but not include ground fighting, French President Emmanuel Macron and his foreign minister said.
Gold's Relevance Set to Rise: CEA
GOLD WILL REMAIN relevant for investors as a portfolio diversification mechanism with a \"likely ascending importance\" as an asset class in the coming years, chief economic adviser (CEA) V Anantha Nageswaran said on Monday.
