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India's GDP Growth Picks Up To 7.7% In March Quarter

India's GDP Growth Picks Up To 7.7% In March Quarter

Thursday, May 31, 2018, 6:31 PM

India's economy strengthened in the January-March quarter, growing at a pace closer to potential and setting the stage for a tighter monetary policy. GDP growth stood at 7.7% in the fourth quarter of 2017-18 compared with 6.1% in the same period last year, and a revised 7% in the quarter ended December 2017, according to data released by the Central Statistics Office today.
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