https://www.taxtmi.com/news?id=4610 First Revised estimates for 2011-12 show GDP growth at constant (2004-05) prices decelerating to about 6.2-6.3%, with the slowdown driven by weaker agriculture and secondary sector performance offset in part by stronger services (financing and insurance; real estate and business services; transport, storage and communication; electricity; trade, hotels and restaurants). Private final consumption expenditure rose in current and constant terms. Gross domestic saving fell as a share of GDP due to lower financial saving rates across household, corporate and public sectors, while gross fixed capital formation increased in value though its rate relative to GDP eased. en-us Thu, 31 Jan 2013 11:35:41 +0530 Wed, 11 Feb 2026 15:56:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4610 First Revised estimates for 2011-12 show GDP growth at constant (2004-05) prices decelerating to about 6.2-6.3%, with the slowdown driven by weaker agriculture and secondary sector performance offset in part by stronger services (financing and insurance; real estate and business services; transport, storage and communication; electricity; trade, hotels and restaurants). Private final consumption expenditure rose in current and constant terms. Gross domestic saving fell as a share of GDP due to lower financial saving rates across household, corporate and public sectors, while gross fixed capital formation increased in value though its rate relative to GDP eased. News - Thu, 31 Jan 2013 11:35:41 +0530 https://www.taxtmi.com/news?id=4610