 "Indian economy")
Last week, data released by the government showed that the Indian economy expanded by 6.3 per cent in the July-September quarter.
A Business Standard analysis found that the country mirrored the global trend, with the rate of growth slowing from the same quarter last year. Further analysis of data from the pre-pandemic period (2019) shows a faster recovery for the Indian economy.
Only China, according to Organisation for Economic Co-operation and Development (OECD) data, had registered a faster growth rate.
A Business Standard analysis found that the country mirrored the global trend, with the rate of growth slowing from the same quarter last year. Further analysis of data from the pre-pandemic period (2019) shows a faster recovery for the Indian economy.
Only China, according to Organisation for Economic Co-operation and Development (OECD) data, had registered a faster growth rate.
An analysis of the expenditure components of growth showed that India was probably the only major
