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India remains the fastest growing economy in world with GDP at 6 1% in Q4 FY23

According to the data released on Wednesday, India saw a growth of 6.1 per cent between January and March (Q4) while Indonesia, the second to follow, grew 4.8 per cent. Countries like China, Mexico, US and Japan grew by 4.5 per cent, 3.8 per cent, 1.6 per cent and 1.3 per cent respectively

India Set To Lose Fastest Growing Major Economy Tag To Saudi Arabia In FY23

The weakening demand within the country and abroad has hampered India s growth prospects and the country will be losing its fastest-growing major economy tag this year. As per the first official estimate released by the Ministry of Statistics and Programme Implementation, the Gross Domestic Product (GDP) will grow 7 per cent in the fiscal ending March. aaa

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