• NIFTY  
    11,521.05
    (-0.10%)
  • SENSEX  
    38,386.75
    ( 0.06%)
  • USDINR  
    68.96
    ( 0.62%)
  • GOLD  
    31,830.00
    ( 0.42%)
  • Pre Session Commentary - Detailed News

Economic Buzz: India GDP Growth Slows To 5-quarter Low Of 6.6% In Q3
01-Mar-19   09:43 Hrs IST
India's economic growth slipped to a 5-quarter low of 6.6 per cent in October-December period of 2018-19, mainly due to poor performance of farm, mining and manufacturing sectors, official data showed Thursday. However, India retained the tag of the fastest growing major economy as China posted a GDP growth of 6.4 per cent in the quarter ended December 2018.

India's Gross Domestic Product (GDP) at constant prices (2011-12) had grown at 7.7 per cent in the October-December quarter of the previous financial year. The growth rate was revised upwards from 7 per cent. The Central Statistics Office (CSO), which released the national account data for the third quarter, also revised downwards the growth estimate for the full fiscal (2018-19) to 7 per cent from 7.2 per cent.

The CSO also revised the GDP growth figures for April-June and July-September quarters of this fiscal to 8 per cent and 7 per cent from 8.2 per cent and 7.1 per cent, respectively. The GDP growth rates for April-June and July-September of the last fiscal were also revised to 6 per cent and 6.8 per cent from 5.6 per cent and 6.3 per cent, respectively.

Powered by Commodity Insights

Useful Links

Attention Investors
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.............issued in the interest of investors. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account                                    "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Investors should be cautious of unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.BSE   http://www.bseindia.com/investors/tip-off-registration.aspx?expandable  NSE   https://www.nseindia.com/int_invest/dynacontent/any_portal.htm
All payments to Stock Broker shall be received from the market intermediaries/participants strictly by account payee crossed cheques / demand drafts or by way of direct credit into the bank account through electronic fund transfer, or any other mode permitted by the Reserve Bank of India. Stock Brokers shall not accept cash from their clients either directly or by way of cash deposit to the Bank Account of Stock Broker.
Group Companies Members of : BSE, NSE, MCX, MCX.SX, CDSL, NCDEX, Broking Services, Depository Services, Portfolio Management Services, Member Area IPO Distribution, Insurance Broking
BSE Clearing No.: 911 | SEBI Regn. No.: INZ000177531 (Cash/F&O) | NSE Clearing No.: 11858 | SEBI Regn. No. INZ000177531 (Cash/F&O/CDs) | MCX-SX Clearing No.: 11400 | SEBI Regn. No.: INZ000177531 (CDs) | CDSL DP ID: 30300 | SEBI Regn. No.: IN-DPCDSL-210-2003 | MCX SEBI Reg No.: INZ000032336 | MCX: 10665 | NCDEX: 00254 | NBFC RBI Regn. No.: 13.01851
© Copyright 2018 Ajmera Associates Ltd ( ISO 9001:2015 Certified )
Designed, Developed and Powered By CMOTS Infotech ( ISO 9001:2015 Certified )