Choice India
India's GDP slowed down to 13-quarter low at 5.7% in Q1FY18 v/s 6.1 in Q4FY17 Agriculture grew by 2.3% in Q1FY18 (5.2% in Q4FY17), industry grew by 1.6% in Q1FY18 (3.1% in Q4FY17) and services by 8.7% in Q1FY18 (7.2% in Q4FY17) Manufacturing GVA reduced to 20-quarter low at 1.2% due to destocking by manufactures ahead of the implementation of GST Electricity and construction sector showed improvement compared to Q4FY17. Growth in services sector remained higher among the three broad sectors of the...
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