7.4% GDP growth in Jan-Mar pushes FY25 figure to 6.5%
[ad_1] NEW DELHI: India's economy grew faster than expected at 7.4% in the Jan-March quarter, led by robust growth in agriculture and construction. The strong quarterly showing - the fastest in the fiscal year - pushed overall growth in 2024-25 to 6.5%, according to data released by the National Statistics Office.The Jan-March figure outperformed the upwardly revised 6.4% in the Oct-Dec period, and pointed to robust momentum in the fourth quarter amid global uncertainty. India remained the fastest growing major economy in the March quarter, followed by China at 5.4% and Indonesia at 4.9%. The full-year growth estimate was in line with expectations and the second advance estimate, but the lowest in 4 years, on the back of 9.2% expansion in the previous year.Chief economic adviser V Anantha Nageswaran Friday said robust domestic demand has supported GDP growth and private […]