After sliding for nearly five quarters, country's economy has rebounded from a three-year low to swell by 6.3 per cent in July-September quarter. The country's fiscal deficit crossed 96 per cent of Budget estimates at October-end.
The Gross Value Added (GVA) which is the total value of goods and services produced in the country after deducting the input cost accelerated 6.1% in the September quarter from 5.6% in the last quarter.
Finance Ministry officials hope the central bank will cut interest rates soon, but analysts say that rising global oil prices, which could pinch consumers through higher inflation, may instead force the RBI to hike in the second half of 2018, denting growth momentum.
Syncing with recent Moody's upgrade of India's sovereign credit for the first time in almost 14 years, the growth buoyancy comes at a time when the Modi Government has been facing Opposition charges of wrong implementation of demonetisation and GST that disrupted the $2.4-trillion economy. It was 7.5 per cent in the September quarter of 2016-17.
His comments come ahead of the second quarter GDP data that will be released by the Central Statistics Economy later this evening.
Releasing GDP data in New Delhi today, Chief Statistician of India T C A Anant said the GDP growth has seen a reversal trend from declining trend in the last five quarters.
"Manufacturing reported growth of 7 per cent, electricity, gas and water supply at 7.6 per cent, and trade, hotels, transport and communication grew at 9.9 per cent", he said. Fixed capital formation, being up to 4.7%, means the investment is going upward.
Underlining the strong fundamentals of the economy, Finance Minister Arun Jaitley on Thursday said India has standardised itself for a growth rate of seven per cent to eight per cent. "It's possible that anticipating the need for the festive season, most of the production went into the sale and inventory restocking may happen later...inventory accumulation effect may persist in the third quarter as well", he explained.
Reversing the five quarters of slowing GDP growth, Indian economy expanded by 6.3 per cent in July-September on the back of a pick-up in manufacturing. If it slows down, it is more towards 7 and if it paces up it is more towards 8 per cent growth. The growth in public administration, defence and other services also stood at 6 per cent.
FBI Special Agent-in-Charge Stanley Meador said authorities spent days searching by foot, boat and in the water for any leads. The FBI says they have been sending "items of interest" to their lab in Quantico, Virginia, for priority testing in the case.
Meanwhile, according to KBTX , Black was last booked into the Smith County jail in Tyler on September 7, 2017 on the same charges. Law enforcement officials have arrested 32-year-old Dabrett Montreal Black of Lindale after several hours after the shooting.
It looks like fans of Samsung will not have to wait as long as expected to see the launch of the Galaxy S9 and S9 Plus. Samsung's very own foldable phone idea has been around for quite some time but it hasn't b en implemented still.
He also receives a speaking fee from a Russian government-run television network that US officials consider a propaganda outlet. Mueller's charging documents state bluntly that Flynn interfered with the FBI's inquiry into Trump-Russia collusion.
It caused damage to public buildings, pipes and monuments, most notably the National Cathedral and the Washington Monument. An 4.4-magnitude quake centered near Dover, Delaware but could be felt for hundreds of miles along the East Coast.
If the breach impacts at least 500 residents, the business must also notify the attorney general's office within 45 days. Regulators from Belgium, Germany, France, Italy, the Netherlands, Spain and the United Kingdom will also take part.
And that wish for a Merry Christmas, was proclaimed loud and proud, all the way down to this year's official Christmas cards. More than 150 volunteers from around the country spent more than 1,600 hours decorating the White House.
In May, Lt Umar Fayaz was killed in the same area after militants kidnapped him from a marriage party in Kulgam district. The police have initiated investigation into the murder and the hunt for the unidentified gunmen is on, officials said.
Uber insists that location history, bank account numbers, dates of birth and credit card number information was not compromised. But viewing this data breach cover up as an incident that only Uber could commit misses the writing on the wall.
He pointed out that Zarate was a seven-time felon who had been deported from the US five times before the fatal shooting. So that is something that sanctuary cities including San Francisco have always said they would comply with.
The i8 Roadster manages 0-62mph in 4.6 seconds and the Coupe does it in 4.4 seconds, while both cars have a top speed of 155mph. The i8 Coupe, which was also showcased at the 2017 LA Auto Show, also gets a facelift for 2018 along with an increase in power.
Senate? "A lot of things are coming out and I think that's good for our society and I think it's very, very good for women". Moore's camp on Tuesday continued an offensive against the media and two of the female accusers.
Before that, it was occupied by Prince William and Kate Middleton. "Our daughter has always been a kind and loving person". However, they all agreed that in this case, the ring is "priceless" due to its ties to Princess Diana.
This all is out ahead of another cold front that looks to bring about rain chances by the end of next week/early next weekend. Records were also set by midday in Long Beach, where the temperature reached 91 and topped the 2015 record of 88.
However, they said Pompeo would need to resist the planned budget cuts and find a way to grapple with Trump's tweets. Foreign Minister Julie Bishop hopes Rex Tillerson stays on as the USA secretary of state.
The Saudi-owned, pan-Arab daily Asharq Al-Awsat alluded to French and Egyptian efforts in a front-page report on Tuesday. On Saturday, Ali Akbar Velayati, a senior adviser to Iran's supreme leader, said Macron should stay out of its affairs.
In Crime against women , Delhi reported highest crime rate of 160.4 in comparison to national average rate of 55.2. Madhya Pradesh comes out top with 20.6% of the total number of cases in 2016 followed by Maharashtra - 18.4%.
He has denied all allegations and recently released polygraph test results in an attempt to prove his innocence. Jeremy Piven's CBS drama Wisdom of the Crowd will be canceled after 13 episodes, sources confirm.
He adds that Oreo for Nokia 8 is packed with all the exciting new features along with the improvements that have added. HTC has stated that the Android 8.0 Oreo update for its flagship smartphone, the HTC U11 will be rolling out today.
The Buzzfeed "article references 180 reported incidents", the company said in a statement to The Washington Post. Once Ingram called the cops on her own, Deiter fessed up and eventually pled guilty to molesting nine women .
The latest alert - a red warning - means an eruption is forecast to be "imminent" after nearby locals spotted volcanic ash rain. Indonesia sits on the Pacific "Ring of Fire" where tectonic plates collide, causing frequent seismic and volcanic activity.