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India pegs 2015/16 growth at 7.6 pct; GDP grows 7.3 pct y/y in December quarter

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Reuters NEW DELHI

NEW DELHI (Reuters) - The government on Monday forecast annual economic growth to accelerate to 7.6 percent in the fiscal year ending in March 2016 after Asia's third-largest economy grew 7.3 percent in the quarter to end-December.

The latest full-year estimate compares with a revised 7.2 percent growth a year earlier. The GDP growth in the December quarter was in line with the forecast of economists in a Reuters poll.

(Reporting by Rajesh Kumar Singh; Editing by Malini Menon)

 

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First Published: Feb 08 2016 | 5:44 PM IST

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