By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
India shows an impressive 7.8% economic growth in April-June quarter
preview.jpg
FILE- A farmer carries paddy crop after harvest on the outskirts of Guwahati, India, Tuesday, June 6, 2023. India's economy has clocked up impressive growth of 7.8% in the first quarter of the current financial year, mainly due to good performance by the agricultural and financial sectors. The World Bank says India is one of the fastest-growing economies of the world and is poised to continue on this path. - photo by AP Photo/Anupam Nath, File
NEW DELHI (AP) — India’s economy registered impressive growth of 7.8% in the first quarter of the current financial year (April-June), attributed to good performance by the agriculture and financial sectors, according to official data released on Thursday. The World Bank says India is one of the fastest-growing economies of the world and is poised to continue on this path. India's agriculture sector recorded growth of 3.5% in three months, up from 2.4% in the April-June quarter last year, according to the data released by the government-run National Statistical Office.