India’s economy likely gained pace in March quarter
India is set to release data on Wednesday that is expected to show the economy grew by 5% in the January-March quarter from a year earlier, accelerating from 4.4% in the previous quarter due to steady urban demand and government spending. The median forecast from a Reuters pollINGDPQ=ECI of economists hinged on the robust performance of services like travel and retail, and the boost given to demand by falling food prices and the drop in oil prices globally. Moving forward, India could be at the mercy of a potential global ...
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