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…
