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Economy bounces back to record 5.7% growth, highest in over two years

Honestly I am not trolling but remember when people were saying earlier this year that Pakistan's GDP growth rate would exceed India's this year and onwards into the next decade? That really does make me chuckle now....

until and unless pakistan has stability, its economy will not grow. pakistan is not stable for the last 15 years and there are no signs that pakistan will be stable in near future
 
NEW DELHI: Buoyed by performance of mining, manufacturing and services sector, Indian economy has bounced back to record a growth rate of 5.7 per cent for the April- June quarter, highest in the past two-and-half years.

India's gross domestic product had expanded by 4.7 per cent April-June quarter of the last fiscal ended March 31.

According to data released here on Friday by the Central Statistics Office (CSO), manufacturing sector recorded a growth of 3.5 per cent in the first quarter of 2014-15 as against a contraction of 1.2 per cent in Q1, 2013-14.

The mining sector too grew by 2.1 per cent in April-June quarter compared a decline in production by 3.9 per cent the year-ago period.

The highest growth rate during Q1, 2014-15 was recorded by financial services sector at 10.4 per cent, followed by electricity gas and water supply at 10.2 per cent.

The previous high of GDP growth rate was recorded at 6 per cent in the October-December quarter of 2011-12. The economic growth in preceding quarter (January-March) was 4.6 per cent.

41200587.cms

Manufacturing sector recorded a growth of 3.5 per cent in the first quarter of 2014-15.

The construction sector expanded 4.8 per cent in first quarter of this fiscal as against 1.1 per cent growth in the year-ago period.

Growth in the trade, hotels, transport and communications segment also inched up to 2.8 per cent in the first quarter from 1.6 per cent in the same period of 2013-14.

As regard the farm sector which includes agriculture forestry and fishing recorded at deceleration in growth at 3.8 per cent in first quarter compared to 4 per cent a year ago.

Gross Fixed Capital Formation, a barometer of investment at current prices is estimated at Rs 8.14 lakh crore for Q1, as against Rs 7.32 lakh crore a year ago.

At constant (2004-2005) prices, the GFCF is estimated at Rs 4.96 lakh crore in Q1 as against Rs 4.63 lakh crore.

Economy bounces back to record 5.7% growth, highest in over two years - The Times of India


Great news to start a day.:yahoo:


Good news, indeed. Keep it up, India !
 
BD per captia already crossed $1,000, update yourself
Mujhpe khamakha gusa ku ho raha hai? :p:
Ask wikipedia to update their page,but oops looks like they are already updated. Jus go over those links ,things look fishy.
yele another one this one's from World Bank : GDP per capita (BD) $829 for 2013.
GDP per capita (current US$) | Data | Table
 
The Wiki source I provided is backed by IMF data which is also furnished.
Second link tht i hv provided in my post is also backed by IMF ,but you see the difference,thats why i said something is fisy.

they don't update themselves quickly
1.Google
2. Google
check yourself
wiki link tht i provide have already been updated. they are update in the month of April & may of every finacial year.so either come with something to back yourself up wid or live wid your ignorance coz,
ignorance benifits none.
Report for Selected Countries and Subjects

@fallstuff this from your own link buddy...

Gdp per capita $903 2013 :)
 
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Gullible Bangladeshis only seems to buy misleading Bangladeshi news sources, whatever, ignorance is bliss for them. :lol:
 
Gullible Bangladeshis only seems to buy misleading Bangladeshi news sources, whatever, ignorance is bliss for them. :lol:

they have news sources? when did this happen :unsure:

NEW DELHI: Buoyed by performance of mining, manufacturing and services sector, Indian economy has bounced back to record a growth rate of 5.7 per cent for the April- June quarter, highest in the past two-and-half years.

India's gross domestic product had expanded by 4.7 per cent April-June quarter of the last fiscal ended March 31.

According to data released here on Friday by the Central Statistics Office (CSO), manufacturing sector recorded a growth of 3.5 per cent in the first quarter of 2014-15 as against a contraction of 1.2 per cent in Q1, 2013-14.

The mining sector too grew by 2.1 per cent in April-June quarter compared a decline in production by 3.9 per cent the year-ago period.

The highest growth rate during Q1, 2014-15 was recorded by financial services sector at 10.4 per cent, followed by electricity gas and water supply at 10.2 per cent.

The previous high of GDP growth rate was recorded at 6 per cent in the October-December quarter of 2011-12. The economic growth in preceding quarter (January-March) was 4.6 per cent.

41200587.cms

Manufacturing sector recorded a growth of 3.5 per cent in the first quarter of 2014-15.

The construction sector expanded 4.8 per cent in first quarter of this fiscal as against 1.1 per cent growth in the year-ago period.

Growth in the trade, hotels, transport and communications segment also inched up to 2.8 per cent in the first quarter from 1.6 per cent in the same period of 2013-14.

As regard the farm sector which includes agriculture forestry and fishing recorded at deceleration in growth at 3.8 per cent in first quarter compared to 4 per cent a year ago.

Gross Fixed Capital Formation, a barometer of investment at current prices is estimated at Rs 8.14 lakh crore for Q1, as against Rs 7.32 lakh crore a year ago.

At constant (2004-2005) prices, the GFCF is estimated at Rs 4.96 lakh crore in Q1 as against Rs 4.63 lakh crore.

Economy bounces back to record 5.7% growth, highest in over two years - The Times of India


Great news to start a day.:yahoo:

still a long LONG way to go mate. Hold your horses.
 
did you check 2014 ? LOL
Did u read the entire thread :lol: your friend has been stating that BD crossed $1K mark last year itself ,well guess what it was at $903 so :lol: talk about 2014 when its over :lol: projection are of no use so :lol: again.
 
Dude you were the one to come up wid 1960 crap so don't embarrass yourself and come up with a link to backup your claim,eveyone out here can throw a source at your face for whatever they claim,stop acting like a kid and backup your 1960 claim.

It is already above 1K for 2014 According to IMF. BD government estimates 1.2K for this year.
Lol - BD'shis live for nearly 4 years longer than starving Indians. Internet Indians come here to chest-thump while thousands of their countrymen starve to death every day.


@Nova2 .. Why feed the troll? He pisses is his pants the moment anyone asks him for a link.. and maybe points to Wiki and Jaamtati blogs and websites .. Let him stew is his own juices and drown with the rest of his countrymen when the sea claims his "Sonar Bangladesh" ..

You don't need to reply to every jobless dumb hick poser that engages you mate. Unhey unka aukad pata hai ..
 
@Nova2 .. Why feed the troll? He pisses is his pants the moment anyone asks him for a link.

You don't need to reply to every jobless dumb hick poser that engages you mate. Unhey unka aukad pata hai ..
Is baar bande ne bina wiki padhe he bhokna suru kar diya tha,anyways as you said unhe unki aukad pata hai ,hence i will buy it and move on :)
 
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