India pegs 2015/16 growth at 7.6pc; GDP grows 7.3pc y/y in Dec quarter

08 Feb, 2016

NEW DELHI: The Indian government on Monday forecast annual economic growth to accelerate to 7.6 percent in the fiscal year ending in March 2016 after Asia's third-largest economy grew 7.3 percent in the quarter to end-December.

The latest full-year estimate compares with a revised 7.2 percent growth a year earlier.

The GDP growth in the December quarter was in line with the forecast of economists in a Reuters poll.

Copyright Reuters, 2016

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