India logs 7.9 per cent growth in second quarter | business | Hindustan Times
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India logs 7.9 per cent growth in second quarter

business Updated: Nov 30, 2009 11:54 IST

IANS
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Signs of an upturn in the Indian economy were reinforced on Monday with the official data on the country's gross domestic product (GDP) suggesting a 7.9 per cent growth in the second quarter of this fiscal.

The economy had registered a 6.1 per cent growth in the first quarter, taking the cumulative expansion for the first half of the current fiscal to an impressive 7 per cent, as per data released by the Central Statistical Organisation (CSO) in New Delhi.

The bulk of the recovery was led by a 9.2 per cent growth in manufacturing, while mining and construction activities also expanded by 9.5 per cent and 6.5 per cent, respectively. But agriculture continued to me a major drag with a mere 0.9 percent growth.