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India's GDP growth at 4.7% in Dec quarter, marginal improvement over Q2

FY20 growth projections retained at 5% in the second advance estimates. The official Q3 GDP data showed that the impact of a global slowdown and weak manufacturing continued to weigh on the economy

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Fiscal deficit for the first 10 months of FY20 stood at 128.5 per cent of the revised target for full FY20

4 min read Last Updated : Feb 28 2020 | 9:49 PM IST

India’s gross domestic product (GDP) growth in the October-December quarter of 2019 (Q3 of FY20) stood at 4.7 per cent, showed official data released by the Central Statistics Office (CSO) on Friday. The data also showed that projections for economic growth in full FY20 had been retained at 5 per cent in the second advance estimates.

The rate of the country’s economic growth had stood at a six-year-low of 4.5 per cent in the previous quarter (Q2) and 6.6 per cent in the same quarter a year earlier (Q3 of FY19). India’s GDP growth

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