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GDP growth likely to decelerate to 7.5-7.6% in Q2: Report

-PTI The Central Statistics Office (CSO) will be releasing the estimates for GDP growth for July-September on Friday. NEW DELHI: The Gross Domestic Product (GDP) growth in the September quarter is expected to decelerate to 7.5-7.6 per cent over the previous three-month period mainly due to slowdown in rural demand, a State Bank of India (SBI) research report said Monday. The GDP growth at constant prices (2011-12) was 8.2 per cent in the...

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Delayed payments under MNREGA decline to six-year low: SBI report

-PTI New Delhi: Delayed payments under the guaranteed rural employment programme MNREGA fell to a six-year low of Rs 67,956 crore in the last fiscal ended March 31, an SBI research report said today. The amount of delayed payments had touched a high of Rs 2.38 lakh crore in 2015-16. It was Rs 2.08 lakh crore in 2016-17, said the SBI Ecowrap report based on government data. On the other hand, total...

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