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Top headlines: Q2 GDP grows at 8.4%; fiscal deficit at 36.3% of FY22 target

Business Standard brings you the top stories on Tuesday

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Photo: Reuters

BS Web Team New Delhi
India's GDP grows at 8.4% in Q2FY22

India's economy grew 8.4% year-on-year in the July-Sept quarter, official data on Tuesday showed. The read-out for Sept quarter came after a record growth of 20.1% in the previous quarter.

The economy had contracted 7.4% in the same quarter a year earlier, when the economy struggled with pandemic restrictions. Read more

India's April-October fiscal deficit at 36.3% of full year target

The central government's fiscal deficit at end-October worked out to be 36.3 per cent of the annual budget target for 2021-22 due to an improvement in the revenue collection, according to official data released on