India's Economic Growth Slows Down to 6.7% in First Quarter | Vantage with Palki Sharma

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India's Economic Growth Slows Down to 6.7% in First Quarter | Vantage with Palki Sharma

India reported 6.7% GDP growth in the first quarter of the ongoing financial year, compared to 7.8% in the last quarter. This is India's slowest rate of growth in five quarters. What explains this slowdown in India? Is it a cause for concern? Palki Sharma tells you.

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India | GDP | Economy | Narendra Modi Firstpost | World News | News Live | Vantage | Palki Sharma | News

#india #gdp #economy #narendramodi #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

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No need to worry, will regain in Q2 !

mohankrishna
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So many ccp bots in the comment section

ashokpandey
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Anti India pr. start in comment section 😅😂😂😂😂😂😂😂😂😂

Unknownjakqjqgsuqoq
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China is slowing down as most countries have diversified ...

surfer_silver
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An intense heatwave reduced private consumption and impacted agriculture, while the general election influenced government spending. These factors were unique to the last quarter, so it's little surprise that GDP growth slowed down. However, the outlook for growth looks positive for the upcoming quarters, as the unfavorable factors for slow growth are now behind us.

Piyushkumar-ihq
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Dear Vantage with Palki Sharma Team,

I hope this letter finds you well. I wanted to reach out to express my appreciation for the insightful coverage provided on your show regarding India's economic growth slowing down to 6.7% in the first quarter of the ongoing financial year.

The analysis presented by Palki Sharma shed light on the factors contributing to this slowdown, and raised important questions about whether this trend is a cause for concern. As a viewer interested in global affairs and economics, it was enlightening to hear about the impact of world events on India through a uniquely Indian lens.

I admire the approach taken by Vantage to challenge conventional wisdom and present alternative views on global affairs. By going beyond the headlines to uncover hidden stories, the show truly offers a destination for thought-provoking ideas.

I look forward to tuning in to Vantage for more informative and thought-provoking discussions on a wide range of topics. Keep up the great work in bringing diverse perspectives and engaging content to your viewers.

Thank you for your dedication to delivering quality news and current affairs coverage.

Best regards,

[S.Mithun Madesh]

lavanyasenthil
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Growth in China translates into jobs creation. China's youth unemployment rate went down to just 11% compared to 21% earlier this year. India, the self-proclaimed world's fastest growing economy, unemployment rate among youths went up to 49% as of today according to the Centre for Monitoring Indian Economy, CMIE Mumbai

Cuthburt_Throatwasp
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India would never become a superpower, it hurts me to say this, but that's the reality, we have young people but we have huge numbers of unemployment, we have droughts as well as floods and sometimes those 2 going on together and that too sometimes in the same state, we have large army force but small budget, we can't curb this ever growing population since Independence, we have leaders which rather than admitting mistakes, blame other leaders or sometimes just say we have atleast not done that, we have females which can become doctors, engineers, teachers and many more but many of them sadly suffer from sexual assault and violence, Indians do great when they reach any other country outside India, why can't we do good in our own country, this country needs to be taught civic science, gender equality, sex education, moral education and that too based on new curriculum, not from some 100 years old British era books, may God bless India and its citizens and may our politicians gain the will and knowledge to put their country first, atleast sometimes.

adityahada
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Indian inflation rate ate up half GDP whereas China inflation rate is around 0.5 %.

jimmylam
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China and India standard of living comparison 2024:

Average monthly salary:
China🇨🇳 = ¥26, 883
India🇮🇳 = ₹22, 840

Price of petrol per litre 2024:
China🇨🇳 = ¥8.54
India🇮🇳 = ₹103.44

Jef-Chen
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China has been growing at 8 to 10% for decades. It is now very close to becoming a high income country.

DJJasmine
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so, other than ambani and adani poeple are getting poorer

sharabhshukla
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Full of Chinese bots are commenting 😂😂😂... c'mon bots atleast be a realistic and comment, you exposing this bots comments.

lostboy
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Dont need to worry so much Ups and downs are common in Economy growth

arnavraval
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What India GDP do with China GDP? This channel is crazy about China. 😂😂😂😂

manwingchi
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China and India standard of living comparison 2024:

Average monthly salary:
China🇨🇳 = ¥26, 883
India🇮🇳 = ₹22, 840

Price of an iPhone15 Pro Max 256GB 2024:
China🇨🇳 = ¥7, 949
India🇮🇳 = ₹150, 090

Jef-Chen
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334 Billionaires....800m people living on government ration every month. 350m can't read or write. Well done, India!

NCM-xyow
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My heart is crying for my Mother India.
Due to bad politics and very bad policies of government's.
Now to improve economy interest rates should be brought down but dilemma is people are asking higher interest to invest in FD. Taxes cannot be reduced as debt is very high due to which consumption is getting slower, so taxes collection is also decreasing...
So taxes need to be increased and vice versa. So we are in dilemma we cannot do anything neither public or govermnet until everything settles

If i were the Prime Minister i will
1. Immediately roll back every taxes even personal income tax . All state taxes should be abolished.
2. Two slabs of Gst 5 percent and 20 percent. NO CESS AND NO VAT.
3 . Corporate tax SHOULD be Reduced to 15 percent flat.
4. And Getting Licenses for Businesses should be made Easy and no Bribing required.
5. Strict Punishment for culprits.
6. First two years government will have some hard time to meet revenues but that can be easily managed by our MIGHTY FOREX RESERVES.
7. Economy will increase UNDOUBTEDLY in double digits. WE WILL BECOME a leading exporter.
8 . There will be Job creation in Crores.
9. AS Income tax is abolished all the black money will return to 🇮🇳 for development. All the problems of India will be solved.
10 . I WANT TO SEE MY INDIA AS A GOLDEN TIGER.

waheeduddinsyed
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india had 100 rs, 10% increase... so 110.
Chinese had 500rs, 5% increase... so 525.

india gained 10rs, china gained 25rs.
they earned more money than India.

That 10rs gain is ambani and adani bank balance, nothing to do with common people.

fastest growing country my hassss.

jayasuriyaj
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Jokes can believe ur rubbish report.
India's GDP 3trillon
China 20trillon
If there growing 4.7% is 940billon they add. But India add 200billon .if anyone smart enough to understand know ur liar 😂😂

sakthivelsubbaiah