Published 11 months ago

GDP data: Indian economy grows at 6.1% in Q4, FY23 growth better-than-expected at 7.2%

Summary by Ground News

Asia's third-largest economy beat all estimates to grow at 6.1% in January-March, the last quarter of the 2022-23 fiscal, up from a revised 4.5% in the previous quarter. Barring the monsoon and geo-political risks, India's economy may exceed the initial estimate of 6.5 per cent for the current fiscal (April 2023 to March 2024)

0 Articles

All

Left

Center

Right

Times of India

GDP data: Indian economy grows at 6.1% in Q4, FY23 growth better-than-expected at 7.2%

Beating analyst estimates, India's gross domestic product (GDP) grew at 6.1 per cent in the last quarter of the previous fiscal. Further, the Centre now estimates the overall growth rate of FY23 to be 7.2 per cent, Ministry of Statistics & Programme Implementation (MOSPI) data showed Wednesday. Manufacturing sector grew by 1.3 per cent in FY23 after growing 11.1 per cent in FY22 while agriculture, forestry and fishing grew at 4 per cent in FY23 …

11 months ago·India

Read Full Article

News18 India

India GDP Data Q4 Out: FY23 Saw 7.2% GDP Growth; 6.1% In Jan-Mar Quarter

India GDP Q4 Growth: Indian economy grew by 4.4 % in October-December 2022 compared to 11.2 % year ago.

11 months ago·India

Read Full Article

Business Standard

India's GDP grows 6.1% in Q4, 7.2% in 2022-23; beats analysts' expectations

Manufacturing and construction sectors surprise on the upside

11 months ago·India

Read Full Article

The Economic Times

Q4 GDP numbers spring a surprise, lift FY23 growth to 7.2%; India stays fastest-growing major economy

India's economy grew by 7.2% in FY23, higher than previously predicted, due to strong growth in the last quarter. In that quarter, GDP rose by 6.1% YoY, while in the preceding two quarterly reports it had risen by 4.5% and 4.8% respectively. Despite concerns that private consumption was sluggish, with a rise of just 2.9%, an increase in government capital spending boosted gross fixed capital formation by 8.9%, and private consumption grew 7.5% i…

11 months ago

Read Full Article

cnbctv18.com

India's GDP growth accelerates to 6.1% in Q4; full year GDP growth at 7.2%

The Indian economy is expected to grow at 7.2 percent in FY23.

11 months ago

Read Full Article

rediff.com

With 7.2% GDP growth in FY23, India's economy now stands at $3.3 trillion

India's economy grew 6.1 per cent in the fourth quarter of 2022-23, pushing up the annual growth rate to 7.2 per cent, official data showed on Wednesday.

11 months ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.