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Indian economy grows 7.5% y/y in March quarter; by 7.3% in 2014/15

MAY 29, 20159:29 PM

[NEW DELHI] India's economic growth accelerated to 7.5 per cent in the three months through March from a revised 6.6 per cent in the previous quarter, government data showed on Friday.

Analysts polled by Reuters had forecast annual growth of 7.3 per cent in the quarter.

For the 2014/15 fiscal year ending in March, growth came in at 7.3 per cent compared with an earlier official estimate of 7.4 per cent. Growth was 6.9 per cent in 2013/14.

REUTERS