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Indian economy expected to sustain strong growth amid global gloom

 Published: 12:12, 30 November 2023

Indian economy expected to sustain strong growth amid global gloom

Indian economy is likely to continue its strong growth in the quarter to end of September, helped by a solid urban consumption and government spending, outpacing a slowing global economy squeezed by elevated interest rates and higher energy prices.

Asia's third-largest economy is expected to grow at 6.8% in the July-September quarter compared with a year earlier, according to a Reuters poll. India will release the quarterly gross domestic product figures at 1200 GMT on Thursday.

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