Q3 numbers suggest GDP growth is on the right path, finally

The assurance that one gets here is that the shadows of GST may be receding and that a near-state of normalcy would be reached by March-end

India regained its status as the world's fastest growing major economy in the October-December quarter, surpassing China for the first time. Asia's third-largest economy grew 7.2% in the December quarter, its fastest in five quarters. In this Business Standard Special, Madan Sabnavis analyses if the worst is behind Indian economy.

The economy definitely looks to be on the recovery path based on the third quarter (Q3) data presented on gross domestic product (GDP). GDP growth has been fairly well spread across all sectors, which is more important rather than being concentrated, with the services sector dominating. Manufacturing, too, has