{
GDP

Companies

}

Wage Growth Decline Impacts India's Consumption Recovery and Economic Prospects

India's growth slowed to 5.4 percent in the July-September quarter, primarily due to declines in private consumption and capital formation. The weakening of consumption, a key driver of GDP growth, raises concerns about the country's economic potential, with wages playing a crucial role in future consumption patterns.
Moneycontrol
GDP IND
Finance & Economy, Market Report
03:56 05.12.2024

India's GDP growth slows as economic forecasts are revised for FY25

India's GDP growth has slowed to 5.4% in the September quarter, down from 6.7% in the previous quarter and 8.1% a year ago, indicating a persistent downturn. The gross value added (GVA) by sector also reflects this trend at 5.6%, highlighting the need for closer scrutiny of the economic momentum.
Moneycontrol
GDP IND
Finance & Economy, Market Report
08:31 02.12.2024
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