Brief by Shorts91 Newsdesk / 12:07pm on 29 Nov 2024,Friday India
India’s GDP growth has slowed to 5.4% in Q2 2024-25, down from 8.1% in the same quarter last year. Key factors include declines in manufacturing, mining, and utility services, with manufacturing growth dropping from 14.3% to 2.2%. The mining sector posted a negative growth of -0.1%, while construction growth also fell significantly. The agriculture sector, however, showed improvement, growing 3.5%, compared to 1.7% last year. The Real GVA slowed to 5.6%, down from 7.7% in Q2 2023-24, indicating a general slowdown in economic activities.
