Back to Career News

Indian economy grew slightly in December

February 25, 2020

Indian economy grew slightly in December

Income economic growth has seen a slight growth after a tough time. There is a growth in annual gross domestic product in the last quarter of 2019. Economists as Barclays noted, “Increased spending by government and recovery in agriculture sector resulted in economic growth”. 

Sakshi Gupta, senior India economist at HDFC Bank said, “Overall economy is facing problem and there is no chance of sustainable growth in upcoming months”.

The National Statistics office has projected growth of 6.1% in 2020.

Recommended for you ...

India's UPI Transactions Dip Slightly in April 2024
India's UPI Transactions Dip Slightly in April 2024

May 03, 2024

Manipal Group's Claypond Capital and Axis Bank in Talks to Invest in Gold Loan Startup Rupeek
Manipal Group's Claypond Capital and Axis Bank in Talks to Invest in Gold Loan Startup Rupeek

May 03, 2024

Airtel Payments Bank CEO Optimistic About Strong Growth Trajectory in India's Digital Banking Landscape
Airtel Payments Bank CEO Optimistic About Strong Growth Trajectory in India's Digital Banking Landscape

May 03, 2024

Chat on WhatsApp