3 days ago
India's Economy Expands Faster-Than-Expected 7.4% Last Quarter
India's economy grew in line with government expectations for the fiscal year ending March, reinforcing its position as the next major global growth engine amid escalating trade tensions.
Gross domestic product rose 7.4% in the three months to March from a year earlier, the Statistics Ministry said Friday, above the 6.8% forecast by economists in a Bloomberg survey. For the fiscal year ended March, the economy expanded 6.5%.