India’s GDP Growth At 5.4%, Lowest In 2 Years!

India’s economic growth slowed to near two-year low of 5.4% in July-September quarter of the ongoing fiscal against 8.1% in the year-ago period. This is mainly due to poor show by manufacturing sector. India remained the fastest-growing major economy as China’s GDP growth in the quarter this year was 4.6%. The previous low level of GDP growth at 4.3% was recorded in October-December of 2022.