{"id":64002,"date":"2022-12-01T15:29:02","date_gmt":"2022-12-01T09:59:02","guid":{"rendered":"https:\/\/navimumbaihouses.com\/blog\/?p=64002"},"modified":"2022-12-01T15:29:22","modified_gmt":"2022-12-01T09:59:22","slug":"the-indian-economy-grew-by-6-3-in-the-second-quarter","status":"publish","type":"post","link":"https:\/\/navimumbaihouses.com\/blog\/news\/the-indian-economy-grew-by-6-3-in-the-second-quarter\/","title":{"rendered":"The Indian Economy Grew By 6.3% In The Second Quarter"},"content":{"rendered":"

Indian Economy Grew: The construction sector grew at a 6.6% annual rate in the third quarter. Down from 16.8% in the previous quarter.<\/strong><\/p>\n

According to data released by the ministry of statistics and programme implementation, India’s economy grew by 6.3% from July to September 2022 (QFFY23), compared to an explosive 13.5% growth in the previous quarter. The growth rate of India’s gross domestic product (GDP) in the same period last year was 8.4%.<\/p>\n

The figures for QFFY23, which will be release on November 30, 2022, are in line with the Reserve Bank of India’s growth forecast for the period.<\/p>\n

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Are you looking flat for sale in Kharghar<\/a>?<\/strong><\/p>\n

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Indian Economy Grew<\/h2>\n

Nominal GDP or GDP at current prices is expect to be Rs 65.31 lakh crore in Q2 FY23. Up from Rs 56.20 lakh crore in Q2 FY22. Representing a 16.2% increase compare to 19% in Q2 2021-22.<\/p>\n

According to Samantak Das, chief economist and head of research at JLL India. These figures are impressive, especially given the strong countervailing forces such as high inflation and global headwinds wreaking havoc on economic activity.<\/p>\n

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