Header and navigation menu

Page content

India's GDP stays robust in January-March as domestic demand offsets external weakness

India's economy grew an unexpectedly strong 7.8% year-on-year in the ‌January-March quarter, the government said on Friday, as robust private investment, farm output and construction activity offset the early impact of the Middle East conflict. The print, the second in ​an updated data series with a revised base year and wider coverage, was well above a forecast of 7.2% growth in a Reuters poll of economists. [...]