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India’s Q3 GDP Estimate: How Strong Was India’s Growth? | Which Sectors Driving Growth? | Explained
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The NSO is set to announce the Q3 or October-December GDP estimate. According to a CNBC TV18 poll, the economy is expected to have grown by 4.7%. The RBI estimated the Q3 GDP growth at 4.4%. But considering that the growth in Q3 last year was 5.4% and growth a quarter ago was 6.3%, why are economists saying that if the GDP grew 4.7% YoY it’s actually a good showing? Latha Venkatesh explains!
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Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools.
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