India grows 8.6 percent in fourth quarter
May 31st, 2010 - 1:12 pm ICT by IANSNew Delhi, May 31 (IANS) The Indian economy grew by 8.6 percent during the quarter ended March 31 while the gross domestic product for entire 2009-10 rose at a rate of 7.4 percent, according to official data released Monday.
The economy registered a 6.1 percent growth in the first quarter, 7.9 percent in the second quarter, but dropped to a modest 6 percent in the third quarter, as per data released by the Central Statistical Organisation (CSO) here.
The growth rate was mainly on account of higher performance in mining and quarrying which grew by 14 percent and manufacturing by 16.3 percent.
Among other high growth sectors during the quarter were hotels and transport services which grew by 12.4 percent, while financial services including insurance grew by 7.9 percent.
The arrival of fresh crops helped agriculture grow by 0.2 percent, having dropped significantly in the previous quarter of 2009-10 due to a poor monsoon.
- India grows 8.6 percent in fourth quarter (Lead) - May 31, 2010
- India's economy grows by 8.8 percent in April-June quarter - Aug 31, 2010
- Indian economy grew 7.7 percent in first quarter - Aug 30, 2011
- India's economy grew 8.5 percent last fiscal - May 31, 2011
- Growth to dip below 8 percent after slow first quarter: Industry - Aug 30, 2011
- India economy to expand 8.6 percent this fiscal (Lead) - Feb 07, 2011
- Indian economy grows slowest in six quarters (Roundup) - Aug 30, 2011
- India economy to expand 8.6 percent this fiscal (Roundup) - Feb 07, 2011
- Indian economy to grow by 6.9 percent this fiscal (Lead) - Feb 07, 2012
- GDP logs slowest quarterly growth in 3 years (Lead) - Feb 29, 2012
- Indian economy grows 8.2 percent in third quarter - Feb 28, 2011
- India revises 2010-11 economic growth down to 8.4 percent - Jan 31, 2012
- Manufacturing leads India's Q1 8.8 percent growth (Lead) - Aug 31, 2010
- India logged 7.4 percent growth in 2009-10 (Roundup) - May 31, 2010
- India growth increased strongly in Q4: IMF - Mar 14, 2012
Tags: agriculture, central statistical organisation, crops, financial services, first quarter, fourth quarter, gross domestic product, growth sectors, hotels, India, indian economy, insurance, monsoon, New Delhi, quarter ended march, second quarter, transport services