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Q2 GDP growth likely fell to 7.4%; slowdown may stay till elections: Poll

Some economists expect economic growth could slow to around 7 per cent in the second half of the current fiscal year

Reuters  |  New Delhi 

India's annual economic growth probably moderated to 7.4 per cent in the July-September quarter, according to a Reuters poll, weakening just as Prime Minister Narendra Modi's Hindu nationalist led-government gets set for an election due by May.   That is still faster than China, but a come down from the more than two-year high of 8.2 per cent set in the June quarter and some economists foresee the slowdown continuing through to the election at least.  "The economy is likely to slow down in the second half of the current fiscal year (ending in March)," ...

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First Published: Thu, November 29 2018. 15:36 IST
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