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Saturday, Nov 30, 2024

5.4%: Q2 GDP growth slowest in seven quarters

India's GDP grew 5.4% in Q3, below forecasts, due to weak manufacturing and consumption amid high inflation and borrowing costs.
From a sector-wise perspective, the loss of economic momentum is essentially rooted in what is called the secondary sector which comprises manufacturing, construction and electricity, gas, water supply and other utility services.
From a sector-wise perspective, the loss of economic momentum is essentially rooted in what is called the secondary sector which comprises manufacturing, construction and electricity, gas, water supply and other utility services.

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