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India has become centre of hope for entire world: PM Modi


Jul 25, 2013
Just wait India Q3 (July-September) 2022 growth rate that will come up in late November so that we would see better picture of India future economy. It is because the period is rather normal and not helped by low base factor like happening in previous Q2 growth rate.

Indonesia as part of G20 countries can post 5.7 % growth in Q3 which is an increase of 5.4 % growth in Q2. For information our Q1 growth is 5.01 percent. So there is AlhamduliLLAH an acceleration. We would see whether India economic growth can be higher or not from Indonesia? I would expect India Q3 (July-September) 2022 growth rate at around 5 %.

But generally, all countries where domestic economy has high percentage on their GDP calculation will be relatively better than those who relies on export under current economic situation. Export energy countries, of course, are the one that benefit the most.

My prediction is better than many Indian economists, only 1 % different. We must wait the real figure released that could potentially be lower than this prediction as it that what happened with previous RBI statement before their April-June growth is released.


India economy to grow 6.1%-6.3% in Q2 - RBI bulletin​


MUMBAI, Nov 18 (Reuters) - India's economy is expected to grow between 6.1% and 6.3% in the second quarter of the current financial year based on high frequency indicators and economic prediction models, the Reserve Bank of India (RBI) said in its monthly bulletin.
Reporting by Swati Bhat; Editing by Shounak Dasgupta


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