Rush Hour: GDP sees slight uptick, Manipur extends deadline for surrendering arms and more

India’s gross domestic product grew at 6.2% in the October-December quarter, down from the 9.5% growth rate in the year-ago period, according to the second advance estimates released by the National Statistics Office on Friday. In the July-September period, the Indian economy had slumped to a seven-quarter low of 5.4%.

Overall, the economy is pegged to grow at a four-year low of 6.5% in the financial year 2024-’25. The first advance estimates released in January had projected the GDP growth to fall to 6.4%.

The projections are lower than those by the Reserve Bank of India, which had pegged the country’s GDP to grow at 6.6% in the current fiscal year, stating that the economy was demonstrating “resilience and stability”. More on Scroll.

Why is India’s middle class so silent about the slowing economy?

The Supreme Court has refused to interfere with a 2022 Madras High Court order quashing a showcause notice issued to preacher Jaggi Vasudev’s Isha Foundation. The notice was issued in November 2021 for construction work carried out at the foundation’s Coimbatore campus without obtaining environmental clearance.

The bench directed the Tamil Nadu Pollution Control Board that no coercive steps be taken in regards to the construction of the Isha Yoga and Meditation Centre. However, it clarified that…

Read more