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Note ban shock over? Economic growth to end 5-quarter slide in Q2: Poll

The Reuters poll of 52 economists over past week showed GDP growth likely rose to 6.4%

Reuters  |  Bengaluru 

Indian economic growth likely rebounded in the July-September quarter from the slowest growth in three years, with demand picking up modestly as the effects from a shock ban on high-value currency notes eased, a Reuters poll showed. If that's correct, the data will be the latest evidence of a broad-based global economic upturn across Asia and most of the world that has many major central banks poised to move away from ultra-easy monetary policy. India was the world's fastest-growing major economy in 2016. But already-slowing growth was made weaker by the surprise cash ...

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First Published: Wed, November 29 2017. 09:50 IST