By Kimberley Kao India’s economy expanded in the October-December quarter, maintaining strong growth. Official data released Friday showed the economy expanded 7.8% from a year earlier under the new data series that uses the fiscal year from April 2022 to March 2023 as the base year. Economists surveyed by The Wall Street Journal had expected growth of 7.45% for the quarter, based on estimates compiled before the data revisions. The data comes as India’s economic outlook has improved following a long-awaited trade agreement with the U.S. Earlier this month, the Reserve Bank of India left policy rates unchanged, saying the…
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