17 - Sep - 2020

GDP growth slows down to a 7 year low.

India's quarterly GDP growth in the October to December period of 2019-20, slowed down to a 7 year low. According to the data released by the National Statistical Office (NSO) yesterday, GDP grew by 4.7% in the October - December quarter. It is reported that the GDP growth is due to the contraction in the manufacturing and electricity sectors.