India’s GDP growth slows to 4.4% in October-December quarter

India's GDP growth rate fell for the second straight quarter in the October-December period, coming in at 4.4 percent

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At 4.4 percent, the latest quarterly growth number is lower than the 6.3 percent growth that was recorded in the second quarter of 2022-23

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In December, the Reserve Bank of India (RBI) had forecast a growth rate of 4.4 percent for the last quarter of 2022

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the central bank had projected this year's growth rate at 6.8 percent.

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But as per the statistics ministry's first advance estimate of GDP, released in early January, India's GDP was set to grow by 7 percent in 2022-23

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The country's real GDP growth for FY23 is pegged at 7 percent, as the per the second advance estimate

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For More details about India Economy & GDP

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