Gdp Q2 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

GDP Q2: As India eagerly anticipates the release of its fiscal second-quarter growth numbers, two contrasting headlines emerge. On one hand, there's optimism as the gross domestic product (GDP) growth reading is poised to surpass initial forecasts. On the other hand, a more tempered perspective arises, indicating a moderation from the first quarter's remarkable four-quarter high.

India's Q2 GDP growth data is expected to surpass RBI's estimates for the second time in a row, with most analysts expecting a growth rate of 7 percent or above.

A median poll of 10 economists by the ET had showed the economy clocking growth figures of 6.7%, 20 basis points more than that of the RBI estimate for the quarter. A Reuters poll of economists estimated India's GDP growth at 6.8% in the July-September period, easing from the previous quarter's 7.8%.

The Indian economy is recognized as a positive standout on the global stage, demonstrating robust performance in the initial half of FY24, marked by a significant 7.8 percent year-on-year growth in GDP during Q1FY24.

India's Q2 GDP Growth at 7.6%: India's gross value added or GVA also grows 9 per cent during July-September 2023