India GDP to grow 7.6% in current fiscal

GDP_356x200_1508_356Indian economy is expected to record a five-year high growth rate of 7.6 per cent in 2015-16 on improved performance in manufacturing and farm sectors.According the central statistics office (CSO), the gross domestic product (GDP) or economic growth is estimated at 7.3 per cent in October-December quarter of this fiscal. CSO has also revised upwards the GDP growth estimates for April-June and July-September quarters to 7.6 per cent and 7.7 per cent from earlier calculation of 7 per cent and 7.4 per cent, respectively.

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