India’s GDP growth slows to 4.7%
NEW DELHI: India’s economic growth slowed to 4.7 per cent in October-december 2019, according to official data released on Friday.
The Gross Domestic Product (GDP) growth was registered at 5.6 per cent in the corresponding quarter of 2018-19, as per the data released by the National Statistical Office (NSO).
During the nine-month period (April-december 2019), the Indian economy grew 5.1 per cent as against 6.3 per cent in the same period a year ago.
The GDP growth rate for the first quarter of 2019-20 was revised to 5.6 per cent, and for the second quarter to 5.1 per cent.
The NSO has pegged economic growth at 5 per cent in 2019-20 in
cases
San Francisco, United States
A new case reported near San Francisco in California could be the first in the US that has no known connection to travel abroad or another known case. Health officials described one of the more serious cases of infection seen so far in the US. This case is similar to the many reported, particularly in Italy, where the virus has spread to local communities through people who have not been to affected region, or been in close contact with people who have returned from these regions
WHAT THIS MEANS: People who have not travelled to China or any of the affected regions are in danger of picking up the virus as well its second advance estimates released on Friday, the same as its estimates last month.
The Shincheonji Church of Jesus, a group the government describes as a cult, has been at the centre of the virus’ spread in South Korea. Scientists estimate that nearly half of the country’s cases can be traced directly to the cult. Around 1,300 churchgoers have so far exhibited symptoms.
WHAT THIS MEANS: Close-knit communities that gather in large numbers can multiply cases overnight
Tel Aviv, Israel
A Korean Air flight attendant on duty on return flights between Seoul and Los Angeles between Feb 19-20 tested positive. She stayed in Los Angeles overnight between the flights. She picked up the virus on a flight from Tel Aviv to Seoul on Feb 15-16. She had served hundreds on the 3 flights that she travelled on before showing symptoms
WHAT THIS MEANS: Patients who come in contact with a high number of people, or super spreaders’, pose a huge threat to hundreds
The Reserve Bank had also estimated 5 per cent GDP growth for 2019-20. China’s economic growth was 6 per cent in OctoberDecember 2019, which was the weakest expansion in over 27 years. China’s economic growth was 6.1 per cent in 2019 (calendar year), the slowest in about three decades.
Experts, however, warned of the impending impact the coronavirus could play in future projections.
“The 4.7% growth is in line with economists’ expectations. However, with a likely impact of the coronavirus beginning to play out in the last quarter and expenditure compression by the government, last quarter GDP
A woman in Osaka tested positive for a second time on Wednesday. She first tested positive on January 29, but was released from hospital after she recovered by February 1. The is the first time a patient cleared of the virus has subsequently tested positive for it again outside of China
WHAT THIS MEANS: The virus may be dormant, but can exacerbate days later when patients are released
Wuhan, China
Busan, South Korea Osaka, Japan
A 20-year-old Chinese woman from Wuhan travelled nearly 700km and infected five relatives without ever showing signs of infection herself. While the five relatives displayed clear symptoms, it took nearly a week for scientists to identify the woman as the source of the infection as she remained asymptomatic
WHAT THIS MEANS: The virus can be spread asymptomatically. Other sporadic accounts of similar cases have emerged since, scientists say