India’s economy surged by 8.4 percent in the third quarter of the fiscal year 2023-24 (October-December 2023), as per the latest data released by the National Statistical Office (NSO) on Thursday. This growth was underpinned by strong performances in the manufacturing, mining & quarrying, and construction sectors.
The NSO’s second advance estimate of national accounts projects the country’s growth for the fiscal year at 7.6 percent. This figure is an upward revision from the earlier estimate of 7.3 percent, which was released in January. Additionally, the NSO revised the GDP growth for the fiscal year 2022-23 to 7 percent, down from the previous estimate of 7.2 percent.
Prime Minister Narendra Modi, in a post on X, highlighted the robust growth as a testament to the strength and potential of the Indian economy. He reiterated the government’s commitment to sustaining this momentum to ensure a better quality of life for all 1.4 billion Indians and to foster the development of a prosperous India.
The student group 'Shaher-E-Arzoo' expressed firm support for the Waqf Amendment Bill, calling it a…
The 27% tariff hike by US President Donald Trump on Indian goods will have only…
Following the passage of the Waqf Amendment Bill 2024 in both Houses of Parliament, celebrations…
India’s forex reserves jumped $6.6 billion to a five-month high of $665.4 billion for the…
Gautam Buddha Nagar Police, led by CP Laxmi Singh, achieved a historic feat with all…
Prime Minister Narendra Modi called on Bangladesh to bring perpetrators of atrocities against Hindus and…