India’s economy hits 6-year low
  • WebDesk BTVI
  • Aug 30 2019

India’s economy slumps to a six-year low with Q1 GDP growth slumping to 5%. The Central Statistics Office released India’s economic growth figures for the April-June quarter of FY20 on Friday which shows that the slowdown has been led by lacklustre growth in manufacturing, financial services, construction and lower consumption. What does this new low in economic growth mean? Can growth pick up again anytime soon?