Finance Ministry of India

India Reports 8.4% Quarterly GDP Growth- But How Long?

India Reports 8.4% Quarterly GDP Growth- But How Long?

The Indian economy grew by 8.4% in the third quarter, surpassing its pre-pandemic level, as vaccination increased and services activity returned to normal following the devastating second wave of the pandemic in the second quarter. Gross domestic product (GDP) growth averaged 13.7 percent in the first half of the fiscal year, helped by a good…