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India's Economic Growth Drops To 5.8% In March quarter

Friday, May 31, 2019, 6:10 PM

India's GDP or gross domestic product grew 5.8% in the January-March period, the slowest rate of expansion recorded since the quarter ended June 2017, government data showed on Friday. That was worse than economists' expectations, and lower than 6.6% in the previous quarter. A survey of economists by news agency Reuters had forecast GDP growth at 6.3% annually in the quarter ended March 31.
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Need to increase investment in science to 1.2% of GDP in 3 yrs

Thursday, April 4, 2019, 2:56 PM

Niti Aayog member V K Saraswat Thursday made a case for increasing the spending in science to 1.2 percent of GDP in the next three years and said scientific research institutions have been asked to focus more on transformational research. Saraswat further noted that the government wants to promote research in basic sciences provided it should lead to economic growth.
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India's GDP growth seen at 6.7-7.2% in 3rd quarter

Thursday, February 28, 2019, 1:13 PM

The Indian economy is likely to have grown at a slower pace of 6.7-7.2% in the third quarter of FY19, independent economists said. The moderation is in line with an expected slowdown in the second half of the financial year. The economy had grown 7.1% in the second quarter and 8.2% in the first quarter, logging 7.6% for the first half.

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