India's GDP grows at 8.4% in Q2FY22 Business Standard News


Source: business-standard.com business-standard.com

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The Indian economy remained on track to post the fastest growth among major economies this year as its GDP expanded by a better-than-expected 8.4 per cent in the July-September quarter to cross pre-pandemic levels. The GDP growth in the second quarter of the current fiscal (2021-22) was slower than the 20.1 per cent expansion in the previous quarter -- which largely reflected a bounce back from last year's crash -- but was better than the contraction of 7.4 per cent in July-September 2020, official data released on Tuesday showed. With economic activities returning back to normalcy post the second wave...