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India's quarterly GDP 'seems disappointing': finance minister official

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's growth in the July-to-September quarter "seems disappointing," Economic Affairs Secretary Subhash Chandra Garg said in a tweet on Friday.

Earlier, government data showed that Asia's third-largest economy grew a lower-than-expected 7.1 percent in the quarter on an annualised basis, from a more than two-year high of 8.2 percent in the previous quarter.

Garg, one of the finance ministry's top officials, however, said manufacturing growth at 7.4 percent and agriculture growth at 3.8 percent were "steady".

(Reporting by Alasdair Pal; Editing by Malini Menon)

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Nov 30 2018 | 6:41 PM IST

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