Indian Ecomomy sees bigger growth than expected in 2007#

India's economy is growing faster than expected, according to official data, on the back of steady farm growth and strong manufacturing and services. Gross Domestic Product (GDP) grew 9.3% in the April to June quarter from its level a year earlier.

The figure, from the Ministry of Statistics, had been expected to fall to 8.9% from the 9.1% recorded in the quarter between January and March. The central bank expects growth of 8.5% for the whole of this year.

 

9/1/2007 7:11:08 PM (GMT Daylight Time, UTC+01:00) #    Comments [0]  |  Trackback

 

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