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India's Economy Surges with 6.2% Growth in Q3
- India's GDP grew by 6.2% in the December quarter, driven by consumer spending, government expenditure, and export growth.
- The full FY25 growth forecast is now 6.5%, slightly higher than the initial estimate of 6.4%.
- The country recorded its first trillion-dollar GDP in a quarter, setting the path to a $4-trillion economy in FY26.
- Private consumption and government spending saw significant increases, while exports grew by 10.4%.
- Economists project steady growth around 6.5% for the next fiscal year, with potential risks from global trade tensions.
Source: The Economic Times, Hindustan Times
9mo ago
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