India Q1 GDP growth likely slowed to 7.1 Percent
India economic growth likely slowed to 7.1 percent in the April to June quarter amid subdued private investment. Consumer spending and government expenditure supported household demand. Rising oil prices and geopolitical tensions pose risks to the outlook.
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India economic growth likely slowed to 7.1% in the April-June quarter, down from 7.8% previously, per a Reuters poll. The expansion outpaces other major economies despite persistent global headwinds. The data keeps India on track to remain the world's fastest-growing major economy this fiscal year.
