GDP recovers, grows at 6.3% in July-September quarter
01 December, 2017, 06:38 | Author: Melinda Barton
"The last five quarters had witnessed a downward trend". But we can not say now whether this will mark an upward trend in the growth rate. "The growth in the "agriculture, forestry and fishing", "mining and quarrying", "construction" "financial, insurance, real estate and professional services" and 'Public administration, defence & other services" is estimated to be 1.7 percent, 5.5 percent, 2.6 per cent, 5.7 percent and 6.0 percent respectively, during this period", a press release by the government said. █ GST, note ban behind us: Jaitley Hailing the GDP growth, Arun Jaitley said that the impact of demonetisation and GST is "behind us", and the country can now look forward to upward growth trajectory in the coming quarters.
We should wait for the growth rates over the next 3-4 quarters before we can reach a definite conclusion.
Jaitley further said, "Government's reforms to push economic growth are working, (and it) can be seen from that: manufacturing has shown robust growth of 7 per cent in Q2 and services at 7.1 per cent".
Congress leader and former Finance Minister P. Chidambaram tweeted that he was "happy that the July-Sep quarter has registered a growth rate of 6.3 per cent" but said this was below expectations. If it slows down, it is more towards 7 and if it paces up it is more towards 8 per cent growth.
Syncing with recent Moody's upgrade of India's sovereign credit for the first time in almost 14 years, the growth buoyancy comes at a time when the Modi Government has been facing Opposition charges of wrong implementation of demonetisation and GST that disrupted the $2.4-trillion economy.
Replying to a question on how the implementation of GST has impacted the GDP, Anant said "it introduced a measure of statistical challenge for us" while calculating the growth rate.
On a sequential basis, India's GDP growth for Q2 of the current fiscal went up to 6.3 per cent, from 5.7 per cent reported during the first quarter of 2017-18.
"This coupled with strong fundamentals hold promise for a great future of Indian economy under the leadership of Narendra Modi".
Earlier today, the stock market saw a sharp slump at it has shed over 450 points. Reliance Industries, SBI and ICICI bank were among those who recorded loses. To scale to 10 per cent rate is "very challenging" and it will not depend on domestic factors only but on how the world is moving, he said.
"Traditionally, July-September is a quarter where a lot of production takes place to cater to festive demand".
Musharraf said he likes them as these terrorist organisations and their chief aim at targeting the Indian Army in Kashmir. The US had asked Pakistan to rearrest Saeed, who has been designated a terrorist by the US Justice Department.
All someone needs to do is change "username" to " root ", leave the password blank, and press the "unlock" button multiple times. Users can prevent an attacker from exploiting a bug by creating a " root " account themselves and giving it a custom password.
USA intelligence officials have accused the Kremlin of using Russian media sources to interfere in the presidential election. Putin signed the bill into law Saturday after the upper chamber of the Russian parliament adopted it Wednesday.
The Warriors of Golden State will host the Sacramento Kings without their stars Stephen Curry and Kevin Durant on Monday night. The 33-year-old has played in 18 of Golden State's 20 games this seaosn, averaging 6.3 points-per-game.
Massage Envy has over 1,200 locations nationwide with alleged sexual assault in many different locations. Massage Envy told CBS News their therapists have done 125 million massages over the past 15 years.
Morgan Jones is departing The Walking Dead and headed to Austin, Texas to be featured in Fear The Walking Dead season 4. The statement further says, "Morgan's arch on The Walking Dead Season 8 positioned him for the story on Fear ".
It initially trailed Datally in the Philippines, where it said users saved as much as 30% of their data after installing the app. The app also tracks real-time usage of each app that's now in use, which Google likens to a "speedometer" for your data.
BBB also says to watch out for name similarity of charities to avoid mistaken identity and giving to the wrong fund. The first Giving Tuesday was held in 2012, and a year ago , people gave more than $168 million in donations.
Auto parks that sat adjacent buildings will be moved underground to provide more space for buildings and recreational ground. PixabayMicrosoft Redmond campus - what are the plans? Microsoft announced the plans for expansion via the Microsoft blog.
The Pentagon confirmed the incident to CNN, which reported the jet came as close as 50ft to the US P-8A Poseidon recon aircraft. She later told Newsweek : "Unsafe actions have the potential to cause serious harm and injury to all air crews involved".
Sees first flu death of the season
There have already been quite a few cases of flu in CT , and the early indicators say it's only going to be a bad flu season. To create a vaccine for each flu strain, manufacturers grow billions of WHO-selected viruses in chicken eggs, STAT reports .
Thanksgiving Weekend Sales Soar Across the Board
The NRF reported spending per person over the five-day period was $335.47, with $250.78 - 75% - specifically going toward gifts. The National Retail Federation did not produce data estimating the total amount spent by USA consumers online and in stores.
Gas prices have fallen 40 cents in the last three weeks
AAA found self-serve, regular gasoline selling for as low as $2.43 per gallon and as high as $2.70 in Rhode Island. The national average has gone up 37.6 cents since a year ago and is also up 3.5 cents since last month.
Pep Guardiola: "The Premier League is so tough"
Manchester City defeated Huddersfield on Friday to maintain their eight points gap at the top of the Premier League table. It was a very important game, we did our job and I scored two goals, so I hope I can continue to play in that way'.
Gophers to host North Dakota in NCAA tournament
This will mark the second time WKU stays within Kentucky's borders - the team lost 3-1 to No. 9 Louisville in Louisville in 2005. Last year, the Bears played their first two rounds at UCLA, where they upset San Diego in five sets before being swept by UCLA .
Grange Congratulates Miss Jamaica Universe Davina Bennett
Meanwhile, Laura Gonzalez of Colombia and Davina Bennett of Jamaica were crowned 1st runner-up and 2nd runner-up, respectively. American comic turned TV host Steve Harvey hosted the event for the third time, making several jokes at his own expense.