Production stalled, MeitY & Commerce want visa norms for Chinese eased indianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianexpress.com Daily Mail and Mail on Sunday newspapers.
Indias growth surged to 8.2% in FY24, riding a better-than-expected 7.8% expansion in the March quarter on the back of robust manufacturing, provisional estimates released on Friday showed, underscoring the countrys status as the worlds fastest-expanding major economy.
This is the highest annual growth since FY17, excluding the 9.7% post-Covid rebound in gross domestic product (GDP) in FY22 after the 5.8% contraction in FY21. The advance estimate released in February had pegged FY24 growth at 7.6%. Economists and government expect the high growth to continue though tepid private consumption remains a concern.
Stagnating wages in rural India are a distress signal of unequal economic growth scroll.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scroll.in Daily Mail and Mail on Sunday newspapers.
'I am seething with anger': A decade of stagnation in rural wages newslaundry.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newslaundry.com Daily Mail and Mail on Sunday newspapers.