Tag: Indias
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Robust GDP growth brightens India’s chances to surpass Germany by 2026
Although all sectors have contributed to the growth of GDP this quarter, the largest share of growth in value addition was from manufacturing. Data released by the Ministry of Statistics and Programme Implementation show India’s GDP at constant prices, grew at the rate of 7.6 percent annually, during the second quarter of the year 2023-24,…
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India’s most optimistic economist just got even more bullish
India’s GDP grew at a faster-than-expected 7.6 percent in the second quarter of 2023-24. India’s second-quarter GDP data, released on November 30, left one and all awestruck with a 7.6 percent growth rate, well above the consensus forecast of 6.8 percent and down slightly from 7.8 percent recorded in the April-June period. While most economists promptly…
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India’s April-October steel imports from China at four-year high
India’s April-October steel imports from China at four-year high India’s finished steel imports from China touched a four-year high in the first seven months of the fiscal year that began in April, according to provisional government data reviewed by Reuters on Wednesday. China was the top exporter of finished steel to India during April-October, shipping…