'GDP growth may ease to 7.2% in Jul-Sep on sluggish economy'
Updated : November 21, 2018 05:39 AM IST
It can be noted that the GDP had grown by a higher than expected 8.2 percent in the first quarter of the fiscal as compared to the year-ago period. Official data on quarterly growth will be released at the end of this month.
Its principal economist Aditi Nayar said pre-tax margins for companies have declined on a quarter-on-quarter basis because of a rise in the input and energy costs and the rupee depreciation.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more