SShortSingh.
Back to feed

India's GDP Grows 7.8% in April-June Quarter Despite Global Headwinds

0
·1 views

India's economy expanded at 7.8% in the April-June quarter, defying global challenges including geopolitical conflicts and an uneven monsoon. The growth was primarily driven by strong domestic consumption, which continued to underpin economic momentum. New GDP estimates also revealed that real exports rose by 12% during the same period. The data highlights India's resilience amid an uncertain international economic environment.

Read the full story at NDTV

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
IndiaTimes of India ·

Indian Army Launches Long-Delayed Full Overhaul of Arjun Mk-1 Tanks

The Indian Army has finally initiated a comprehensive overhaul of its domestically built Arjun tanks, six years behind schedule. Two Mk-1 tanks will undergo upgrades as part of a pilot program to guide the refurbishment of the remaining 124 vehicles in the fleet. The exercise is aimed at improving the operational readiness of the Arjun tank force. Meanwhile, the upgraded Arjun Mk-1A variant continues to face delivery setbacks due to engine supply constraints. The development highlights ongoing challenges in India's defense manufacturing sector despite sustained efforts toward self-reliance.

0
IndiaTimes of India ·

India's Manufacturing PMI Hits Five-Year Low at 52.8 in August

India's manufacturing sector recorded its slowest growth in five years during August, with the Purchasing Managers' Index (PMI) falling to 52.8. Both production output and new orders declined during the month, pushing activity to its weakest level since August 2021. The slowdown also triggered a contraction in factory employment for the first time in two and a half years. Overseas demand weakened overall, despite a marginal uptick in purchasing activity. Business confidence improved slightly but stayed below long-term historical averages.

India's GDP Grows 7.8% in April-June Quarter Despite Global Headwinds · ShortSingh