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Slowdown threatens Indian economy even as its rich keep spending
Slowdown threatens Indian economy even as its rich keep spending
India grew by 6.1% in the three months ended March compared to a year earlier, well beyond the 5% estimate of economists surveyed by Bloomberg, driven mainly by increases in services exports and government spending. It expanded 7.2% for the fiscal year through March, continuing a post-pandemic recovery that outstrips major peers.
India grew by 6.1% in the three months ended March compared to a year earlier, well beyond the 5% estimate of economists surveyed by Bloomberg, driven mainly by increases in services exports and government spending. It expanded 7.2% for the fiscal year through March, continuing a post-pandemic recovery that outstrips major peers.