India Growth Rate Slips To 7% In Q3 After Cash Ban

Fahad Shabbir (@FahadShabbir) Published February 28, 2017 | 07:20 PM

India growth rate slips to 7% in Q3 after cash ban

NEW DELHI, , (UrduPoint / Pakistan Point News - 28th Feb, 2017 ) - India's economic growth rate fell to seven percent in the third quarter of the financial year after the controversial ban on high-value banks notes in November, the government said Tuesday.

Gross domestic product in one of the world's fastest growing economies expanded 7.0 percent year-on-year in the three months to the end of December, down from 7.3 percent in the previous quarter, official figures showed.

Facebook Twitter Reddit Pinterest Whatsapp

Prize Bonds

PSX 100 Index

Currency Rates

Gold Prices

Petrol Prices

Crypto

Recent Stories

Walton Tobacco Company’s workers ask AJK CJ to t ..

Walton Tobacco Company’s workers ask AJK CJ to take notice of factory’s clos ..

MUET starts accepting online admissions forms

MUET starts accepting online admissions forms

DC for action against timber theft in Lal Sohanra ..

DC for action against timber theft in Lal Sohanra National Park

New rates of roti, naan implemented in Bahawalpur ..

New rates of roti, naan implemented in Bahawalpur district

Mideast-related oil price spike threatens 'relativ ..

Mideast-related oil price spike threatens 'relatively good' economic outlook: IM ..

OIC Secretary General offers condolences to Oman o ..

OIC Secretary General offers condolences to Oman over flood victims

Chinese economy beats growth expectations in first ..

Chinese economy beats growth expectations in first quarter

FCCI says financial commitments to improve economy

FCCI says financial commitments to improve economy

Saudi FM urges immediate ceasefire in Gaza

Saudi FM urges immediate ceasefire in Gaza

Israel obstructing access to Hamas attack victims: ..

Israel obstructing access to Hamas attack victims: UN probe

Shipping activity at Port Qasim

Shipping activity at Port Qasim

Expanded, rebranded National Women's One-Day tourn ..

Expanded, rebranded National Women's One-Day tournament to start tomorrow