Q2 GDP growth at 5:30 pm today
November 30, 2017  16:05
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The Central Statistics Office (CSO) will release the gross domestic product (GDP) growth estimates for the second quarter (July-September) of 2017-18 at 5.30 pm today. The Indian economy grew 5.7 percent in April-June, the slowest in 13 quarters. Last year, for the same quarter the GDP was 7.9 per cent, whole the previous quarter showed a growth of 6.1 per cent. The low GDP in the last quarter has been attributed to stock management shock ahead of the GST rollout.

Finance Minister Arun Jaitley today said achieving a 10 per cent GDP growth rate is challenging and will depend on how the world is moving. Speaking at the HT Leadership Summit in New Delhi, he said India has done well by growing at 7-8 per cent during the last three years.

To scale to 10 per cent rate is "very challenging" and it will not depend on domestic factors only but on how the world is moving, he said.
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