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Economy And The Numbers

India GDP Growth Beats Expectations

By Renju Jaya   ✉   | Published:   | Follow Us On Google News

India's economic growth accelerated unexpectedly in the June quarter, official data showed on Friday.

Gross domestic product logged an annual growth of 7.8 percent in the June quarter, faster than the 7.4 percent expansion seen in the March quarter.

The rate was expected to slow to 6.6 percent. Moreover, the 7.8 percent rise was the fastest in five quarters.

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