Indian economy grows 7.1 percent in September quarter

Fri Nov 30 2018
Rajesh Sharma (2048 articles)
Indian economy grows 7.1 percent in September quarter

 India’s economy grew a lower-than-expected 7.1 percent in the July-September quarter from a more than two-year high of 8.2 percent in the previous quarter, government data showed on Friday.

The latest quarter’s annual pace of growth was lower than a Reuters poll forecast of 7.4 percent.

India’s $ 2.6 trillion economy, Asia’s third largest, grew 6.3 percent in the July-September quarter of 2017, the data released by the statistics ministry showed.

Rajesh Sharma

Rajesh Sharma

Rajesh Sharma is Correspondent for Stock Market of South East Asia based in Mumbai. He has been covering Asian markets for more than 5 years.