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Weak global demand and monetary tightening by the Reserve Bank of India dragged down economic growth in December quarter, analysts said.

The second advance estimate released by the government on February 28 has estimated Indias full-year GDP growth at 7 per cent for this year

Indias GDP or gross domestic product may grow 7 per cent in financial year 2022-23, according to the second advance estimates released by the Ministry of Statistics and Programme Implementation (MoSPI) on Tuesday.

The country’s GDP at constant prices will grow by over Rs 10 lakh crore more during the current fiscal (FY22-23) as compared to the previous fiscal (FY 2021-22). This translates into growth in real GDP during FY23 at 7% as compared to 8.7% in FY22, according to the First Advance Estimates of N

According to a press release by Ministry of Statistics & Programme Implementation, Government of India, on the First Advance Estimates of National Income, 2022-23, growth in real GDP during 2022-23 is estimated at 7.0 per cent as compared to 8.7 per cent in 2021-22. The press note states the following points: 1.    Real GDP…

Read more about India to grow at 7 pc in FY23, lose fastest growing economy tag on Devdiscourse

International oil prices were on increase shortly after the US and its allies slapped packages of sanctions on Moscow over its special operation in Ukraine.

India's economic growth slowed down to 6.3 per cent in the July-September quarter of this fiscal, dragged down mainly by the poor performance of manufacturing and mining sectors, official data showed on Wednesday.

{title} - As per the data, Gross Value Added (GVA) grew by 5.6 per cent to Rs 35.05 lakh crore in July-September this year.

India's GDP growth rate slowed down to 6.3% in the second quarter of 2022-23 as compared to 8.4 per cent in the same period of 2021-22.