Q1 GDP numbers reflect India’s resilience, outlook remains positive: Economic Affairs Secretary

Q1 GDP numbers reflect India’s resilience, outlook remains positive: Economic Affairs Secretary

Robust Q1 GDP growth underlines the basic resilience and the strengthening of the momentum in the economy, which is anchored in strong macro-economic fundamentals, a senior government official said on Saturday. Anuradha Thakur, Secretary, Department of Economic Affairs, told ANI there is all-round growth on the supply side and robust growth across several sectors. India’s…

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India cements position as fastest-growing major economy with 5-quarter high GDP growth of 7.8%: Key takeaways

India cements position as fastest-growing major economy with 5-quarter high GDP growth of 7.8%: Key takeaways

India’s gross domestic product (GDP) expanded 7.8 per cent in the April-June period, beating economists’ expectations and better than the Reserve Bank of India’s annual forecast, official data showed on Friday. The latest official reading marked the highest rate recorded in five quarters, cementing India’s position as the fastest-growing major economy.   Economists polled by Zee…

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