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The Times of India
The Times of India
Business
Bloomberg

Services sector fuels India economic growth to fastest in a year

NEW DELHI: India’s economy is expected to shine in its latest report card on strong services growth and a pick up in manufacturing despite elevated interest rates.

Gross domestic product is estimated to have risen 7.8% in the three months to June from a year ago, according to the median estimate in a Bloomberg survey ahead of Thursday’s data. This is the fastest pace in a year and exceeds a 6.06% expansion in the three months ended March.

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