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<p>India's <a href="https://mospi.gov.in/sites/default/files/press_release/PressNoteNAD_28feb23final.pdf">gross domestic product</a> in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, government data showed on Tuesday. India’s GDP at constant prices in Q3 of FY 2022-23 is estimated at Rs 40.19 lakh crore, the Ministry of Statistics and Programme Implementation said.</p>
<p>"The loss in growth momentum is due to fading away of favorable base effect, slowdown in pent up demand due to high inflation & interest rates and contraction in manufacturing sectors. Some of the high frequency indicators were already pointing at muted growth for the quarter vs Q2, hence, lower GDP growth rate in Q3 didn’t come as a surprise,” said Ritika Chhabra, Quant Macro Strategist, Prabhudas Lilladher PMS. </p>
<p>Manufacturing contracted in the third quarter, with the growth coming in at -1.1 percent. Meanwhile, Q3 sgricultural growth was 3.7 percent, mining grew at 3.7 percent, while trade, hotels, transport and telecom growth clocked in at 9.7 percent year-on-year.</p>
<p>Further, growth in GDP for the full year 2022-23 is estimated at 7.0 per cent on-year, slowing significantly from 9.1 per cent annual expansion seen in the previous year 2021-22.</p>
<p>Please <a href="https://www.financialexpress.com/economy/india-slows-down-gdp-growth-falls-to-4-4-in-q3-as-manufacturing-slumps-full-fy23-growth-likely-at-7/2995430/">click here</a> to read the news article<br />
Please <a href="/upload/files/Q3%20GDP%20Report.pdf">click here</a> to read the GDP data <br />
</p>
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LATEST NEWS UPDATES | Oct-Dec Quarter GDP slows to 4.4% as manufacturing shrinks - Tanya Krishna </title>
<meta name="description" content="Financial Express
India's gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and..."/>
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India's gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and..." />
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<a href="https://im4change.in/latest-news-updates/oct-dec-quarter-gdp-slows-to-4-4-as-manufacturing-shrinks-tanya-krishna.html" target="_blank">Oct-Dec Quarter GDP slows to 4.4% as manufacturing shrinks - Tanya Krishna </a>
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<br><small>March 2, 2023</small>
<p style="padding-top: 6px;">Financial Express
India's gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, government...</p>
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<br><small>February 28, 2023</small>
<p style="padding-top: 6px;">A swarm of fake cards has rampaged the MGNREGA project or 100 days of work in West Bengal. More than 1 million counterfeit job cards have been caught in West Bengal in the last year, and all of them have been cancelled. The nodal division...</p>
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<br><small>February 28, 2023</small>
<p style="padding-top: 6px;">Hindu Businessline
El Nino is one piece in the mammoth jigsaw puzzle that the Pacific Ocean and its seasonal climatic patterns typify. Being the largest single body of water, the Pacific has an outsized influence on weather and climate across the globe. During El Niño, trade...</p>
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<br><small>February 24, 2023</small>
<p style="padding-top: 6px;">Livemint
Recent deaths in Gambia, Uzbekistan and the US, allegedly caused by toxic drugs made in India, has the Centre reportedly planning to centralize drug regulation. How effective will this measure be?
The Central Drugs Standard Control Organization (CDSCO) is the apex regulatory body. Each state has...</p>
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<br><small>February 23, 2023</small>
<p style="padding-top: 6px;">Data indicates that the overall imports from Russia in the first nine months of 2022-23 are already more than the thrice the value in the whole of 2021-22. In the case of petroleum products, this is more than 9 times.
Factly.in
Factly.in, using data from the Department...</p>
<a href="https://im4change.in/latest-news-updates/oil-imports-from-russia-in-the-first-nine-months-of-2022-23-are-more-than-9-times-import-in-the-previous-year-bharath-kancharla.html"
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LATEST NEWS UPDATES | Oct-Dec Quarter GDP slows to 4.4% as manufacturing shrinks - Tanya Krishna </title>
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India's gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and..."/>
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India's gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and..." />
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<a href="https://im4change.in/latest-news-updates/oct-dec-quarter-gdp-slows-to-4-4-as-manufacturing-shrinks-tanya-krishna.html" target="_blank">Oct-Dec Quarter GDP slows to 4.4% as manufacturing shrinks - Tanya Krishna </a>
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<br><small>March 2, 2023</small>
<p style="padding-top: 6px;">Financial Express
India's gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, government...</p>
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<br><small>February 28, 2023</small>
<p style="padding-top: 6px;">A swarm of fake cards has rampaged the MGNREGA project or 100 days of work in West Bengal. More than 1 million counterfeit job cards have been caught in West Bengal in the last year, and all of them have been cancelled. The nodal division...</p>
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<br><small>February 28, 2023</small>
<p style="padding-top: 6px;">Hindu Businessline
El Nino is one piece in the mammoth jigsaw puzzle that the Pacific Ocean and its seasonal climatic patterns typify. Being the largest single body of water, the Pacific has an outsized influence on weather and climate across the globe. During El Niño, trade...</p>
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<br><small>February 24, 2023</small>
<p style="padding-top: 6px;">Livemint
Recent deaths in Gambia, Uzbekistan and the US, allegedly caused by toxic drugs made in India, has the Centre reportedly planning to centralize drug regulation. How effective will this measure be?
The Central Drugs Standard Control Organization (CDSCO) is the apex regulatory body. Each state has...</p>
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<br><small>February 23, 2023</small>
<p style="padding-top: 6px;">Data indicates that the overall imports from Russia in the first nine months of 2022-23 are already more than the thrice the value in the whole of 2021-22. In the case of petroleum products, this is more than 9 times.
Factly.in
Factly.in, using data from the Department...</p>
<a href="https://im4change.in/latest-news-updates/oil-imports-from-russia-in-the-first-nine-months-of-2022-23-are-more-than-9-times-import-in-the-previous-year-bharath-kancharla.html"
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LATEST NEWS UPDATES | Oct-Dec Quarter GDP slows to 4.4% as manufacturing shrinks - Tanya Krishna </title>
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<a href="https://im4change.in/latest-news-updates/oct-dec-quarter-gdp-slows-to-4-4-as-manufacturing-shrinks-tanya-krishna.html" target="_blank">Oct-Dec Quarter GDP slows to 4.4% as manufacturing shrinks - Tanya Krishna </a>
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<br><small>March 2, 2023</small>
<p style="padding-top: 6px;">Financial Express
India's gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, government...</p>
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<br><small>February 28, 2023</small>
<p style="padding-top: 6px;">A swarm of fake cards has rampaged the MGNREGA project or 100 days of work in West Bengal. More than 1 million counterfeit job cards have been caught in West Bengal in the last year, and all of them have been cancelled. The nodal division...</p>
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<p style="padding-top: 6px;">Hindu Businessline
El Nino is one piece in the mammoth jigsaw puzzle that the Pacific Ocean and its seasonal climatic patterns typify. Being the largest single body of water, the Pacific has an outsized influence on weather and climate across the globe. During El Niño, trade...</p>
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<br><small>February 24, 2023</small>
<p style="padding-top: 6px;">Livemint
Recent deaths in Gambia, Uzbekistan and the US, allegedly caused by toxic drugs made in India, has the Centre reportedly planning to centralize drug regulation. How effective will this measure be?
The Central Drugs Standard Control Organization (CDSCO) is the apex regulatory body. Each state has...</p>
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<br><small>February 23, 2023</small>
<p style="padding-top: 6px;">Data indicates that the overall imports from Russia in the first nine months of 2022-23 are already more than the thrice the value in the whole of 2021-22. In the case of petroleum products, this is more than 9 times.
Factly.in
Factly.in, using data from the Department...</p>
<a href="https://im4change.in/latest-news-updates/oil-imports-from-russia-in-the-first-nine-months-of-2022-23-are-more-than-9-times-import-in-the-previous-year-bharath-kancharla.html"
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LATEST NEWS UPDATES | Oct-Dec Quarter GDP slows to 4.4% as manufacturing shrinks - Tanya Krishna
Financial Express
India's gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, government...
A swarm of fake cards has rampaged the MGNREGA project or 100 days of work in West Bengal. More than 1 million counterfeit job cards have been caught in West Bengal in the last year, and all of them have been cancelled. The nodal division...
Hindu Businessline
El Nino is one piece in the mammoth jigsaw puzzle that the Pacific Ocean and its seasonal climatic patterns typify. Being the largest single body of water, the Pacific has an outsized influence on weather and climate across the globe. During El Niño, trade...
Livemint
Recent deaths in Gambia, Uzbekistan and the US, allegedly caused by toxic drugs made in India, has the Centre reportedly planning to centralize drug regulation. How effective will this measure be?
The Central Drugs Standard Control Organization (CDSCO) is the apex regulatory body. Each state has...
Data indicates that the overall imports from Russia in the first nine months of 2022-23 are already more than the thrice the value in the whole of 2021-22. In the case of petroleum products, this is more than 9 times.
Factly.in
Factly.in, using data from the Department...
