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Q2 GDP growth encouraging but performance of agri sector poor: T C A Anant

Economy rebounds: GDP growth rate rises to 6.3% in September quarter
Business Standard

Growth outlook for remaining part of FY18 is not without risks

CRISIL's rating actions also show better credit profile of consumption-facing sectors compared with investment-facing ones

D K Joshi 

Country's economy grew 6.3% in the three months ending in September from a year earlier, in line with expectations and faster than a provisional 5.7 percent in the previous quarter. The author looks at what lies ahead for Indian economy in near future.

GDP growth seems to be changing course, rising 6.3% in the second quarter ended September 30, 2017, after five straight quarterly declines. The pace is expected to quicken in the ongoing second half, which would crank up India’s GDP growth for this fiscal to 6.8%. The drivers in the second half will be a low-base effect (growth ...

Disclaimer: Views expressed are personal. They do not reflect the view/s of Business Standard.

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First Published: Fri, December 01 2017. 02:55 IST

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