June qtr GDP growth data to be unchanged: Govt

Published on Wed, Sep 01, 2010 at 20:08 |  Source : Reuters

Updated at Wed, Sep 01, 2010 at 20:49  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
June qtr GDP growth data to be unchanged: Govt

The government will not revise the April-June quarter GDP growth number and it will remain at 8.8%, a government official told Reuters on Wednesday.

However, the demand data may be changed, the official said.

India's economy grew at its fastest pace in nearly three years in the April-June quarter on strong manufacturing growth and better farm output that may keep the Reserve Bank of India on its monetary tightening path.

The 8.8% annual growth reported on Tuesday narrowly beat the median forecast of 8.7% in a Reuters' poll as well as the 8.6% expansion logged in the previous quarter.

  

Trending News

Business News

Top five malware of 2012
IT dept freezes Kingfisher Airlines' bank a/c, again "IT dept freezes Kingfisher Airlines' bank a/c, again"

Will quit if Team Anna's charges are proved: PM

MS Sahoo Says On CNBC-TV18 New Guidelines Are An Improvement Over The Old Ones

The latest earning numbers FIRST on CNBC-TV18
Videos

May 29 2012, 12:19

Expect Tata Motors Q4 PAT at Rs 4200 cr: StanChart

- in Brokerage Results Estimates

Interviews

May 29 2012, 22:37 | Source: CNBC-TV18

Due diligence not applied in Reebok 2010 probe: Assocham  

May 29 2012, 17:34 | Source: CNBC-TV18

Will raise Rs 250cr via ECB route next year: Hind Copper  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!