Prapathakke Kusida Artha Vyavaste: India’s Q1 GDP at 5 Per Cent, Falls to a 6 Year Low
- 5 years ago
NEW DELHI: India's economic growth on Friday slumped for the fifth straight quarter to an over six-year low of 5 per cent in the three months ended June as consumer demand and private investment slowed amid deteriorating global environment.
Having lost the tag of the world's fastest-growing economy earlier this year, India's GDP growth was behind China's 6.2 per cent in April-June, its weakest pace in at least 27 years.
Having lost the tag of the world's fastest-growing economy earlier this year, India's GDP growth was behind China's 6.2 per cent in April-June, its weakest pace in at least 27 years.