# Business

Indian economy’s growth slows down in Q1 2017-18 at 5.7%

India’s GDP growth for the first quarter of the current fiscal ended June slowed down to 5.7 per cent, from…

IANS | New Delhi | August 31, 2017 6:05 pm

Indian economy’s growth slows down in Q1 2017-18 at 5.7%

India’s GDP growth for the first quarter of the current fiscal ended June slowed down to 5.7 per cent, from 6.1 per cent reported for the fourth quarter of 2016-17, official data showed on Thursday.

According to data from the Central Statistics Office (CSO), the GDP for Q1 stood at Rs 31.10 lakh crore, or a growth of 5.7 per cent, compared with 6.1 per cent in the fourth quarter of the last fiscal.

The drop in growth was even sharper compared to the like quarter a year ago when the country’s GDP grew at 7.9 per cent.

# India

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# Business

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Indian economy’s growth slows down in Q1 2017-18 at 5.7%

India’s GDP growth for the first quarter of the current fiscal ended June slowed down to 5.7 per cent, from…

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