India’s annual economic growth slows to 7 percent in December quarter
Tue Feb 28 2017
Ramesh Sridharan (877 articles)

India’s annual economic growth slows to 7 percent in December quarter

NEW DELHI India’s annual economic growth slowed to 7.0 percent in the three months through December from a revised 7.4 percent expansion in the previous quarter, government data showed on Tuesday.

Analysts polled by Reuters had forecast 6.4 percent growth for the October-December period.

The central statistics office also retained the growth forecast for the fiscal year ending in March 2017 at 7.1 percent.

 

Ramesh Sridharan

Ramesh Sridharan

Ramesh Sridharan is our Stock Market Correspondent covering events and daily movements of stock markets in Asia. He is based in Mumbai

Discussion

Rules of Discussion on Live Index

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.