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India's economy showed momentum before virus crisis hit home


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India’s economy showed momentum before virus crisis hit home
Gross domestic product rose 1.6% from a year earlier in the three months ended March, the Statistics Ministry said Monday.
By Vrishti Beniwal, Bloomberg
1 Jun 2021 
08:23 
Image: Sumit Dayal/Bloomberg
India’s economy expanded faster than expected last quarter before a resurgent coronavirus pandemic unleashed a new wave of challenges.
Gross domestic product rose 1.6% from a year earlier in the three months ended March, the Statistics Ministry said Monday. That was faster than the 1% median estimate in a Bloomberg survey of economists.
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India's economy grew in three months to March before new Covid wave hit


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India’s economy expanded faster than expected in the three months to March 31, before a resurgent coronavirus pandemic unleashed a new wave of challenges.
Gross domestic product rose 1.6 per cent from a year earlier during the quarter, the Statistics Ministry said Monday. That was faster than the 1 per cent median estimate in a Bloomberg survey of economists.
The number marks the second straight quarter of expansion following a rare recession, which tipped the economy into an unprecedented 7.3 per cent contraction for the full fiscal year that ended in March. That compares with a median 7.5 per cent decline estimated in a Bloomberg survey. ....

Abhishek Gupta , Statistics Ministry , Fitch Ratings , Even The Organisation For Economic Cooperation , Paris Based Organisation , Economic Cooperation , Devendra Kumar Pant , India Ratings , South Asia , அபிஷேக் குப்தா , புள்ளிவிவரங்கள் அமைச்சகம் , ஃபிட்ச் ரேடிஂக்ஸ் , பாரிஸ் அடிப்படையிலானது ஆர்கநைஸேஶந் , பொருளாதார ஒத்துழைப்பு , தேவேந்திரா குமார் பாண்ட் , இந்தியா ரேடிஂக்ஸ் , தெற்கு ஆசியா ,