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India's economy likely grew 7.6 percent year-on-year in April-June quarter

Updated : August 31, 2018 06:41 AM IST

If there was 7.6 percent growth, that would top China's 6.7 percent second-quarter and could help Prime Minister Narendra Modi, who faces an election early next year and has drawn flak for expansion slower than the 8 percent Manmohan Singh-led governments saw over a decade ending in 2014.
For the first three months of 2018, India reported 7.7 annual growth, the fastest in nearly two years.
On Wednesday, India's central bank said economic growth was expected to accelerate to 7.4 percent in the current fiscal year that began in April, from 6.7 percent the previous one, despite risks posed by higher oil prices and global trade tensions.
India's economy likely grew 7.6 percent year-on-year in April-June quarter
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