India’s GDP Grows at 8.4% in 3rd Quarter, Fastest in 1.5 Years | India Business News

India’s GDP Grows at 8.4% in 3rd Quarter, Fastest in 1.5 Years | India Business News

NEW DELHI: The economy grew at its fastest pace in six quarters in the three months to Dec, led by robust manufacturing and construction sector growth. The strong growth has boosted govt’s track record of handling the economy against the backdrop of global challenges ahead of general elections.Data released by National Statistical Office (NSO) showed … Read more

India’s services growth at three-month high in December on buoyant demand -PMI

India’s services growth at three-month high in December on buoyant demand -PMI

BENGALURU: India’s services sector ended 2023 on a firm footing, with activity expanding at its fastest pace in three months in December on buoyant demand and an optimistic year-ahead outlook, a private survey showed. The HSBC India Services Purchasing Managers’ Index, compiled by S&P Global, rose sharply in December to 59.0 from November’s one-year low … Read more