financetom
Economy
financetom
/
Economy
/
India's quarterly GDP 'seems disappointing', says economic secretary Subhash Chandra Garg
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India's quarterly GDP 'seems disappointing', says economic secretary Subhash Chandra Garg
Nov 30, 2018 9:47 AM

India's growth in the July-to-September quarter "seems disappointing," Economic Affairs Secretary Subhash Chandra Garg said in a tweet on Friday.

Share Market Live

NSE

Earlier, government data showed that Asia's third-largest economy grew a lower-than-expected 7.1 percent in the quarter on an annualised basis, from a more than two-year high of 8.2 percent in the previous quarter.

Garg, one of the finance ministry's top officials, however, said manufacturing growth at 7.4 percent and agriculture growth at 3.8 percent were "steady".

First Published:Nov 30, 2018 6:47 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Crude Inventories Decline More Than Expected in Week; Oil Rig Count Holds Steady
Crude Inventories Decline More Than Expected in Week; Oil Rig Count Holds Steady
Dec 27, 2024
03:14 PM EST, 12/27/2024 (MT Newswires) -- Commercial crude stockpiles in the US fell more than projected last week, while the number of oil rigs in the world's largest economy held steady. Inventories of crude, excluding the Strategic Petroleum Reserve, declined 4.2 million barrels to 416.8 million barrels in the week ended Friday, the Energy Information Administration said. The consensus...
Trump's first actions and job data to test market in January
Trump's first actions and job data to test market in January
Dec 27, 2024
NEW YORK (Reuters) -After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power in Washington could send markets moving. The S&P 500 rose over 24% in 2024 through the early afternoon of Dec. 27, while the technology-heavy Nasdaq Composite index...
US goods trade gap widens in November
US goods trade gap widens in November
Dec 27, 2024
(Reuters) - The U.S. goods trade deficit widened more than expected in November on a rebound in imports, clouding the picture over whether trade might add to economic growth this quarter for the first time in a year. The goods trade gap increased to a seasonally adjusted $102.9 billion last month from $98.3 billion in October, the Commerce Department's Census...
US may hit new debt limit as early as Jan 14, Yellen says
US may hit new debt limit as early as Jan 14, Yellen says
Dec 27, 2024
WASHINGTON (Reuters) - The U.S. Treasury Department may need to take extraordinary measures by as early as Jan. 14 to prevent the United States from defaulting on its debt, Treasury Secretary Janet Yellen told lawmakers in a letter on Friday. Yellen urged lawmakers in the U.S. Congress to act to protect the full faith and credit of the United States....
Copyright 2023-2025 - www.financetom.com All Rights Reserved