in

India’s quarterly growth slumps to a near two-year low, well below expectations

India's quarterly growth slumps to a near two-year low, well below expectations

Construction workers in Mumbai, India, on June 5, 2024. 

Bloomberg | Bloomberg | Getty Images

India’s economy expanded by just 5.4% in its second fiscal quarter ending September, well below estimates by economists and close to a two-year low.

The print follows 6.7% growth over the previous quarter and is the lowest reading since the last quarter of 2022. Economists polled by Reuters had forecast growth of 6.5% for the period, while the…


Posted by Editor

Cliff Hodge of Meralco (top) lands hard on Phoenix’s Jason Perkins. — PBA IMAGES

Aaron Black returns and sparks Meralco’s come-from-behind victory over Phoenix

Trudeau Goes to Mar-a-Lago to See Trump Amid Tariff Concerns