India's economic growth improved strongly in the three months ended March, preliminary data from the Central Statistics Office revealed Friday.
Gross domestic product rose 7.5 percent year-on-year, exceeding economists' consensus for 7.3 percent expansion.
The growth figure for the October-December quarter was revised down to 6.6 percent from 7.5 percent.
For the full year 2014-15 that ended on March 31, growth was 7.3 percent, slightly less than the 7.4 percent estimated in February after a new calculation methodology was introduced.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.