Friday, August 29, 2008

India's GDP growth @ 7.9%

India's GDP grew by 7.9% in the first quarter of the fiscal year 2008-09. This is still a decent growth rate considering CRR hikes, high inflation rate and other economic deccelerators that affected the economy in the quarter.

Here are the key economic indicator figures:

Agriculture: 3%
Manufacturing: 5.6%
Construction: 11.4%
Electricity, Gas and Water: 2.6%

More news here.

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