November 29, 2024 5:37 PM
India records 5.4% GDP growth in Q2, remains the fastest growing major economy
India’s economy recorded a 5.4% GDP growth for the second quarter (July-September) of the current fiscal year, according to data released by the Ministry of Statistics. Despite challenges in sectors like manufacturing, which saw a growth rate of just 2.2%, and mining, which contracted by 0.1%, the overall economic growth remains robust. The Real Gross Value Added (GVA) for the first half of FY 2024-25 stands at a commendable 6.2%, highlighting strong growth momentum. Agriculture and allie...