India's economy grows at its fastest pace in six quarters in election boost for Modi
- India's economy grew by 8.4% in Q3, boosting Prime Minister Narendra Modi's image ahead of elections.
- Manufacturing sector surged by 11.6% year-on-year in December quarter.
- Private consumption rose by 3.5%, contributing to the country's robust economic growth.
23 Articles
23 Articles
Indian economy expanded by 8.4% in final three months of 2023
A boom in manufacturing helped India's economy surge in the fourth quarter with annual GDP up 8.4% compared with the same period in 2022, as the world's fastest-growing economy eyes its nearest rivals, Japan and Germany.
India ‘easily’ the fastest-growing economy, IMF executive director says, as GDP growth blows past estimates
India is “easily” the fastest-growing economy in the world, the IMF’s executive director said, as the country’s third-quarter GDP growth blew past estimates.
India's economy grows at its fastest pace in six quarters
India’s economy grew at its fastest pace in one-and-half years in the final three months of 2023, led by strong manufacturing and construction activity and bolstering Prime Minister Narendra Modi’s economic record just months before a national election. Asia’s third largest economy grew 8.4% in the October-December quarter, much faster than the 6.6% estimated by economists polled by Reuters and higher than the 7.6% recorded in the previous three…
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