Highlights

  • GDP growth for the October to December quarter (Q3) of the current financial year came in at 4.4% more or less in line with estimates
  • This compares to 6.3% GDP for the quarter ending September 2022

Latest news

No near-term recovery in sight for IT services sector as Accenture cuts growth guidance: Kotak

No near-term recovery in sight for IT services sector as Accenture cuts growth guidance: Kotak

Jagdale Announces Exclusive Licensing Rights for the Argentina Football Association in India

Jagdale Announces Exclusive Licensing Rights for the Argentina Football Association in India

Is Your Child Developing Normally? Early Signs of Autism, ADHD and Learning Disabilities -- When to See a Child Psychologist

Is Your Child Developing Normally? Early Signs of Autism, ADHD and Learning Disabilities -- When to See a Child Psychologist

Samsung sharpens HBM strategy; Pursues long-term AI customer supply accords at Global Strategy Meeting

Samsung sharpens HBM strategy; Pursues long-term AI customer supply accords at Global Strategy Meeting

Thadoi Yumnam crowned Miss Universe Manipur 2026; set to represent state at Miss Universe India

Thadoi Yumnam crowned Miss Universe Manipur 2026; set to represent state at Miss Universe India

SEBI eases margin norms for commodity derivatives positions backed by early pay-in of goods

SEBI eases margin norms for commodity derivatives positions backed by early pay-in of goods

Ambuja Cements eyes large-scale carbon capture with UK tech partnership

Ambuja Cements eyes large-scale carbon capture with UK tech partnership

Shahid Kapoor, Rashmika Mandanna, Kriti Sanon's 'Cocktail 2' crosses Rs 50 crore mark

Shahid Kapoor, Rashmika Mandanna, Kriti Sanon's 'Cocktail 2' crosses Rs 50 crore mark

Explained: India's GDP grows 4.4% in Q3 FY23

The government has kept the GDP estimate unchanged at 7% for the full financial year 2022-23

Explained: India's GDP grows 4.4% in Q3 FY23

India's economic growth slowed down to 4.4 per cent in the third quarter of 2022-23 mainly due to poor performance of the manufacturing sector.

In October-December 2021, the economy grew by 11.2 per cent and by 6.3 per cent in the July-September 2022 quarter, according to data released by the National Statistical Office (NSO) on Tuesday.

The NSO in its second advance estimate of national accounts pegged the country's growth at 7 per cent for 2022-23.

Besides, the NSO revised the GDP growth for 2021-22 to 9.1 per cent against the earlier estimate of 8.7 per cent.

ADVERTISEMENT

Up Next

Explained: India's GDP grows 4.4% in Q3 FY23

Explained: India's GDP grows 4.4% in Q3 FY23

Honda Activa 6G: Everything You Need to Know Before Buying

Honda Activa 6G: Everything You Need to Know Before Buying

How much does a ULIP plan really cost? A break-down of all charges

How much does a ULIP plan really cost? A break-down of all charges

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Reliance denies buying Iranian oil amid US sanctions waiver

Reliance denies buying Iranian oil amid US sanctions waiver

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

ADVERTISEMENT

editorji-whatsApp

More videos

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

Govt announces seven measures to help boost exports

Govt announces seven measures to help boost exports

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI pauses rate cuts, retains interest rate at 5.25 pc

RBI pauses rate cuts, retains interest rate at 5.25 pc

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

Explained: India-US trade deal, tariffs and trade benefits

Explained: India-US trade deal, tariffs and trade benefits

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.