India's Q1 2018-19 GDP grows at 8.2%
New Delhi, Aug 31 : An upswing in manufacturing activity accelerated India's GDP growth rate for the first quarter of 2018-19 to 8.2 per cent, official data showed here on Friday.
According to the Central Statistics Office (CSO), the GDP at 2011-12 prices in the first quarter (Q1) of 2018-19 registered growth rate of 8.2 per cent, up from 7.7 per cent reported for Q4 of 2017-18.
"The economic activities which registered growth of over 7 percent in Q1 of 2018-19 over Q1 of 2017-18 are 'manufacturing', 'electricity, gas, water supply and other utility services', 'construction' and 'public administration, defence and other services'," a statement by Ministry of Statistics and Programme Implementation said.
"The growth in the 'agriculture, forestry and fishing', 'mining and quarrying', 'trade, hotels, transport, communication and services related to broadcasting' and financial, real estate and professional services is estimated to be 5.3 per cent, 0.1 per cent, 6.7 per cent, and 6.5 per cent respectively during this period."
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Not confident ceasefire in Gaza will hold: US President Donald Trump
Washington (AP): US President Donald Trump said Hamas is weakened, but he's hardly certain that the temporary truce between Israel and Hamas will hold.
“I'm not confident,” Trump told reporters. “That's not our war. It's their war.”
He said that his administration “might” help rebuild Gaza, which he compared to a “massive demolition site.”
“Some beautiful things could be done with it,” said Trump, the real estate developer turned commander in chief, noting the territory's coastline and “phenomenal” weather and location. “Some fantastic things could be done with Gaza. Some beautiful things could be done with Gaza.”
