In­dia fastest grow­ing ma­jor econ­omy

New Straits Times - - Business -

MUM­BAI: In­dia re­mained the fastest grow­ing ma­jor econ­omy in the world last quar­ter, with growth buoyed by an im­proved per­for­mance in man­u­fac­tur­ing and ser­vices, a Reuters poll of econ­o­mists found. The me­dian fore­cast from 35 econ­o­mists showed the econ­omy grew 7.1 per cent an­nu­ally in the first three months. Fore­casts ranged from 6.5 to 7.8 per cent. An­nual growth was 7.0 per cent in the quar­ter end­ing De­cem­ber, and 7.9 per cent in the Jan­uary-March quar­ter last year.

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